The framework also directs the administration to promote the development of digital asset technologies and central bank digital currencies (CBDCs).
The United States should continue to work with international partners on standards for the development of digital payment architecture and CBDCs, according to the Treasury.
“Uneven regulation, supervision and compliance across jurisdictions create arbitrage opportunities and increase risks to financial stability and the protection of consumers, investors, businesses and markets,” the Treasury said in a statement. published on its website. (https://bit.ly/3P8jIHr)
The Treasury also said it would continue to work with various organizations, including the G7, G20 and the International Monetary Fund.