Definition ∞ CBDC oversight refers to the regulatory and supervisory frameworks governing Central Bank Digital Currencies. This involves establishing rules for issuance, distribution, privacy, security, and monetary policy implications. Effective oversight aims to mitigate risks associated with financial stability, data protection, and potential misuse of a digital currency. Governments and central banks are actively exploring various models to ensure control and accountability over these new forms of money.
Context ∞ CBDC oversight is a dominant theme in global financial news, as nations assess the viability and impact of introducing their own digital currencies. Discussions often focus on the balance between privacy for users and the need for anti-money laundering and counter-terrorist financing measures. Critical future developments include international cooperation on interoperability standards and the establishment of harmonized regulatory approaches to prevent regulatory arbitrage.
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