The International Monetary Fund (IMF) has cautioned against the adoption of retail central bank digital currencies (CBDCs), citing concerns over the potential risks and consequences for the global financial system. The IMF’s Managing Director, Kristalina Georgieva, stated that while CBDCs could offer various benefits, including increased financial inclusion and reduced transaction costs, they could also … IMF Director Warns of Unknown Consequences of Retail CBDCs for Financial Systems Read More »
