OMG Central Bank Digital Currency (OMG-CBDC) Working Group (WG) Wiki

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Trace: • 2. Risk of Lack of Stakeholder Buy-In • 1. How could a CBDC be designed to foster operational and cyber resiliency? • 3. Risk Due to Poor Community of Interest (CoI) Governance • 4. Risk Due to lack of Broad, Wide-Ranging Security Planning • sub-Q3: Risks • Nonbank Money

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cbdc:public:cbdc_omg:8_append:20_glossary:nonbank_money

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Nonbank Money

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Nonbank Money is digital money held as balances at nonbank financial service providers. These firms typically conduct balance transfers on their own books using a range of technologies, including mobile apps.

Source: https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf

cbdc/public/cbdc_omg/8_append/20_glossary/nonbank_money.1652739077.txt.gz · Last modified: 2022/05/16 18:11 by nick
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