In Davos, presented a guide for the development of CBDC

The World Economic Forum has published guidance to help central banks design andlaunch digital currencies (CBDC).

This guide has been issued to help central banks "assess whether CBDC is appropriate for their economy and guide them through the assessment, design and deployment process."

The report states that the ideal digital currencyThere is no central bank (CBDC): each solution has its own advantages and disadvantages. Regardless of the application, a digital currency must be tailored to the specific needs and goals of each country. The 28-page document contains two key findings: 

1. CBDC Release May Improve Qualitycross-border transfers, but regulatory and legal barriers are likely to disappear soon. On the one hand, such currencies can be used to optimize and ensure more efficient cross-border payments between financial institutions. On the other hand, friction in the foreign exchange market is likely to continue, as cross-border CBDC transactions require currency conversion.
2. Cybersecurity is seen as fundamentalrisk for central banks. The risk of counterfeiting has always been a central concern for central banks. According to the report, CBDC has an increased risk of cyberthreats due to the highly centralized control mechanism.

Recall that, according to a statement from the Bank of England, six central European banks are collaborating to explore the potential of the central bank’s digital currencies.