IMF managing director says CBDCs can replace cash, but urges public and private sector cooperation

IMF managing director says CBDCs can replace cash, but urges public and private sector cooperation

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The IMF believes that central bank digital currencies (CBDCs) have the potential to eventually supplant cash in the monetary system of the world, according to the watchdog’s managing director Kristalina Georgieva. Georgieva made the statement during a keynote address at the Singapore Fintech…

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