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1.  OVERVIEW

1.1 Introduction

The purpose of this initiative is to jointly work on the response to the questions raised by the Fed Reserve's CBDC paper which was released on Jan 15, 2022. As a part of this task force, members of CMSIG community will undertake a joint analysis of the 22 questions raised in the Fed paper and provide a joint response to the Fed. via their online submission form. 

1.2 Scope

This task force will focus only on the Fed Reserve's paper response. Any further developments or follow up projects will be spun off as new initiatives. 

1.3 Timeline 

The response to the Fed paper must be provided by May 20th, 2022. As such, the timeline of this task force initiative will be set up to complete the process one week ahead of that. 

2. Fed Reserve CBDC Paper Review

2.1 Original Paper from the Fed. Reserve

Please refer to the original paper from the Fed here:

https://www.federalreserve.gov/publications/money-and-payments-discussion-paper.htm 

https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf  

2.2 Response Document 

Please refer to the response document here: