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- Interoperability. Answer: use standards
- Privacy vs AML/KYC - (see above) Stephane Mouy: One question - How does this proposal accommodate Anti-money laundering requirements ? Although the account model no doubt has many limitations and is costly, one benefit is that it puts the onus on established third parties (financial service providers which are regulated entities) to ensure compliance with AML requirements. How would this apply here?
- How does it co-exist with cash? - RonQ
- Peer to peer without eventual reconciliation.
- Focus on payments infrastructure.
- Two tier system vs direct claims - tokens migrating- distribution of cbdc through ATMs
- What about the cloud architecture should support the project? How AWS, Google, Microsoft and other big players will interact with Fed?
The CMSIG can collaborate on a response to the DDP whitepaper. This is totally up to the group.
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