The IDMC seeks to bring order to the chaos of cryptocurrency.
The IDMC exists to lay a solid foundation for digital money that addresses the baggage that current cryptocurrencies carry - poorly planned, not transparent, too speculative, and built on limiting technical architectures.
To contribute to the success of digital money, IDMC’s leadership will help:
- Define the language
- Promote the opportunity
- Set the standard
- Advocate the policy for the future of digital money
To accomplish this, the IDMC will craft policies, standards, procedures and a regulatory framework for sovereign regional digital currencies to ensure the success of these currencies, reduce potential negative consequences, and foster widespread acceptance of regional digital money.
Our plan is to publish this framework in late 2018.