110 countries are ‘at some stage’ of CBDC development By Cointelegraph
Kristalina Georgieva, International Monetary Fund managing director, stated that more than half the central banks around the globe are looking at digital currency launch options.
Georgieva addressed a virtual conference that was hosted by Bocconi university on October 5, Georgieva The IMF looked at digital currencies in the central banks and the whole economy from the point of view of macroeconomic stability. She said the technology had given people the opportunity to make “seamless, and less costly” transfers, and called CBDCs the most reliable form of digital currency, given they had “backing of the state” and were generally regulatory compliant.
Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.