[GNC] Central Bank Digital Currencies (CBDC)

[Murugan Muruganandam]

hi David

With the roll out of ISO 20022 from March 2023 we hope to see more digital assets complying with the protocol ( if i remember there were around 10 of them already compliant).  Morover CBDC will take advantage of this to enable cross border transfers. Swift had already announced that they have completed pilot program where they are able to support CBDC-CBDC and Fiat-CBDC transfers by existing participants.

GNUCash already allows you to create your own securities and account for it.  You may use the same till you want an ISO code for digital assets.





Saludos Cordiales


Murugan

________________________________
From: gnucash-user <gnucash-user-bounces+m.muruganandam=hotmail.com at gnucash.org> on behalf of Dr. David Kirkby <drkirkby at kirkbymicrowave.co.uk>
Sent: Thursday, December 29, 2022 1:15 PM
To: LI Daobing <lidaobing at gmail.com>
Cc: GNU Cash User <gnucash-user at gnucash.org>
Subject: Re: [GNC] Central Bank Digital Currencies (CBDC)

On Thu, 29 Dec 2022 at 07:15, LI Daobing <lidaobing at gmail.com> wrote:

> CBDCs also can constrain the usage of money. like some money can only be
> used to pay rent, and some other money can only be used to buy food.
>

All the more reason that I don’t like them.

However, that gives a greater need to be able to consider them as separate
assets, so I feel GnuCash should allow people to add other currencies, and
not restrict currencies to those defined in an ISO standard.

Dave

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