IMF aims to unify CBDCs with global platform

IMF aims to unify CBDCs with global platform



Kristalina Georgieva, the managing director of the International Monetary Fund (IMF), recently disclosed that the IMF is actively working on a dedicated platform to facilitate transactions between countries using central bank digital currencies (CBDCs).



This step demonstrates the IMF's commitment to promoting global interoperability by urging central banks to establish a unified regulatory framework for digital currencies.



To avoid fragmented approaches at the national level, Georgieva stressed the importance of interconnected systems and global interoperability in achieving more efficient and equitable transactions. She emphasized the need to develop CBDCs that transcend national boundaries, highlighting the significance of establishing systems that connect countries and enable seamless interoperability.



The conference


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#CBDC, #Cryptocurrency, #Cryptonewstoday, #IMF, #News, #Regulations

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