central bank digital money

IMF perspective on Central Bank Digital Currency (CBDC)

IMF perspective on Central Bank Digital Currency (CBDC)

Central Bank Digital Currency (CBDC) relates to a new form of money – digital money created by the central bank, rather than commercial banks as it is now. Central banks around the world are discussing it, some of launching pilot projects. What is CBDC? What are its upsides and risks?…
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IMF report: Cryptocurrencies may make central banks redundant

IMF report: Cryptocurrencies may make central banks redundant

A few weeks ago the International Monetary Fund (IMF) released a report called “Monetary Policy in the Digital Age”, with a caption “Cryptocurrencies may one day reduce demand for central bank’s money”. This report is interesting, as the IMF is a massive official global economic institution, and in the report,…
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