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CATEGORY: wholesale cbdc


May 03, 2023 05:50

Retail CBDCs bring unknown ‘consequences’ to financial system: IMF director

A myriad of unforeseeable “consequences” will be brought about by retail central bank digital currencies (CBDCs), the managing director of the International Monetary Fund (IMF) claimed. The IMF’s Kristalina Georgieva erred on the side of caution regarding retail CBDCs in a May 1 interview at the Milken Institute’s 2023 Global Conference. Georgieva explained the IMF [...]

The post Retail CBDCs bring unknown ‘consequences’ to financial system: IMF director appeared first on Crypto Breaking News.

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