Digital Money and Central Banks Balance Sheet

Digital Money and Central Banks Balance Sheet

Source: IMF Digital money is a logical step in a process of continuous technological advancement in payment systems. In response, central banks are reviewing their conduct of monetary operations in light of the new shape of financial markets and systems. The impact of digital money will depend on the type of money substitution by digital […]

Taking digital currencies offline

Payments Working Group

Original Source: IMF As the world’s central banks rush to develop digital currencies, almost all the research and trials focus on internet-based technology. What will happen when the web goes down in a war or a natural disaster? And what about the 75 percent of the world’s adult low-income population that doesn’t even have internet […]