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 <p class="is-style-lead">A newly formed organization will begin a dialogue among central banks to support adapting technical standards of different CBDC solutions.</p>
 <p>The Nobel Sustainability Trust (NST), a <a rel="noopener noreferrer nofollow" title="charity" href="https://thebittimes.com/tag/charity.html">charity</a> established by the members of the Nobel family, is set to push the adoption of central bank digital currencies (CBDCs) with a new <a rel="noopener noreferrer nofollow" title="initiative" href="https://thebittimes.com/tag/initiative.html">initiative</a> called Central Bank Digital Currency Collaboration Organization (CBDCCO).</p>
 <p>According to a press release, the program aims to facilitate “efficient and reliable carbon asset life cycle management” for central bank digital currencies.</p>
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 <p>With CBDCCO, the <a rel="noopener noreferrer nofollow" title="trust" href="https://thebittimes.com/tag/trust.html">trust</a> wants to begin a dialogue among central banks to support integrating “innovative digital financial infrastructure” developed by central banks and organizations such as BIS, IMF, and World Bank.</p>
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  <p>“Digital currencies present a unique opportunity to rebuild and reshape our financial systems with sustainability at their core.”</p> <cite>Peter Nobel, the Chairman of NST</cite>
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 <p>Moreover, the organization is also said to support the adaptation of technical standards of different CBDC solutions to make state-issued digital currencies mutually convertible on an international level.</p>
 <p>The newly formed organization is expected to start operation in January 2024.</p>
 <p>Founded in 2007, the Nobel Sustainability Trust was established to encourage the research, development, action, and implementation of sustainable solutions, as per the <a rel="noopener noreferrer nofollow" title="charity" href="https://thebittimes.com/tag/charity.html">charity</a>’s official website. The <a rel="noopener noreferrer nofollow" title="trust" href="https://thebittimes.com/tag/trust.html">trust</a> is financially supported by sovereign entities, family offices, and corporations “who support its agenda.”</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/nobel-s-charity-trust-to-lobby-cbdcs-with-new-initiative-tbt70073.html">https://thebittimes.com/nobel-s-charity-trust-to-lobby-cbdcs-with-new-initiative-tbt70073.html</a></p>

Nobel’s charity trust to lobby CBDCs with new initiative

TheBitTimes

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