In a recent statement, Kristalina Georgieva, the managing director of the International Monetary Fund (IMF), emphasized the importance of the public sector being ready to implement central bank digital currencies (CBDCs). Georgieva urged governments to continue their preparations and remain proactive in adopting these digital currencies. The IMF’s managing director acknowledged the growing interest in CBDCs and highlighted their potential benefits, such as enhanced financial inclusion and efficiency. By encouraging the public sector to stay prepared, Georgieva underlined the IMF’s support for the development and implementation of CBDCs as a significant step in the evolution of global financial systems.
HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinIMF head: CBDCs can replace cash, help financial inclusion