BIS develops framework against CBDC cyberattacks

by Aurelia Butler 7 July 2023, 21:00 159 Views

In its report, the BIS said security frameworks should safeguard the confidentiality, integrity and availability of CBDC transactions. By design, CBDCs must be able to dynamically scale to respond to a sudden surge in transaction volumes, have no single points of failure, operate 24/7 without outages and function even if their underlying financial institution experiences an outage. Moreover:

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Source: Cryptocurrency - investing.com

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BIS develops framework against CBDC cyberattacks

Brazil’s lower house approves crucial tax trial rules change

Yellen says US wants healthy competition with China, not ‘winner-take-all’ approach

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