The IMF panel on cross-border payments was a Central Bank Digital Currency (CBDC) discussion in disguise, headlined by Jerome Powell, chairman of the Federal Reserve.
Christine Lagarde, head of the International Monetary Fund (IMF), suggested a new course of action for central banks around the world: turn their fiat currencies digital.
Sweden’s central bank, the Riksbank, is considering whether the country should introduce a purely digital form of government-backed money, perhaps using distributed ledger technologies...
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