IMF Paper Addresses Cross-Border Payments Benefits and Challenges Using CBDCs
As central banks worldwide continue to contemplate the issuance of central bank digital currencies (CBDC), a recent paper from the International Monetary Fund (IMF), written by André Reslow, Gabriel Soderberg, and Natsuki Tsuda, explores the potential benefits and challenges of implementing retail CBDCs for cross-border payments. The paper emphasises the importance of factoring in cross-border […]
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
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 […]
Opening Remarks at Peer-Learning Series on Digital Money/Technology: Central Bank Digital Currency and the Case of China
Original source: International Monetary Fund (IMF) Krishna Srinivasan, Asia and Pacific Department Director, IMF Good morning, everyone, and good evening if you’re in the Western Hemisphere. Thank you for joining in today’s event on Central Bank Digital Currency and the Case of China. As Alfred indicated, this is the second event in our new series […]
IMF Executive Board Concludes 2022 Article IV Consultation with The Bahamas
The Future of Money: Gearing up for Central Bank Digital Currency
Behind the Scenes of Central Bank Digital Currency
Legal Aspects of Central Bank Digital Currency: Central Bank and Monetary Law Considerations
