commit 4a938ca92c178f9be02ea0327a83ee50b53092e4
parent dc7eef46f0717aa21d24a4004c5d736ead3360d3
Author: Christian Grothoff <christian@grothoff.org>
Date: Sun, 26 May 2019 12:33:48 +0200
typo
Diffstat:
1 file changed, 8 insertions(+), 0 deletions(-)
diff --git a/sa/sa.tex b/sa/sa.tex
@@ -840,6 +840,14 @@ and where the limitations on regulation are.
\paragraph{What would a regulatory regime need to consider (e.g. how would the CBDC
scheme be structured and who would determine the scheme ‘rulebooks’)?}
+We can see two possible regulatory regimes, with either the SARB being
+soly responsible for the issuance of Taler coins denominated in rand, or
+with commercial banks issuing electronic rand. In the latter case, the
+commercial banks would be subjected to permanent security audits to
+verify that their escrow balance matches the amount of issued electronic
+coins. Commercial banks may also have to take out insurance to cover
+the potential losses from an attacker compromising their operations.
+
\paragraph{What potential high-level rules would need to be considered (e.g. participation
criterion, chargebacks, liability shifts).}