CBDC

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?…
Continue reading