Nobel’s charity trust to lobby CBDCs with new initiative
A newly formed organization will begin a dialogue among central banks to support adapting technical standards of different CBDC solutions. The Nobel Sustainability Trust (NST), a charity established by the members of the Nobel family, is set to push the adoption of central bank digital currencies (CBDCs) with a new initiative called Central Bank Digital Currency Collaboration Organization (CBDCCO). According to a press release, the program aims to facilitate “efficient and reliable carbon asset life cycle management” for central bank digital currencies. You might also like: Switzerland to launch CBDC pilot on SIX Digital Exchange With CBDCCO, the trust wants to begin a dialogue among central banks to support integrating “innovative digital financial infrastructure” developed by central banks and organizations such as BIS, IMF, and World Bank. “Digital currencies present a unique opportunity to rebuild and reshape our financial systems with...