For PICs with established national currencies and mature banking systems, the IMF recommends a two-tier CBDC model. In this model, the central bank would issue the CBDC but delegate its ...

The US dollar’s grip on global finance is under attack, and Trump is making sure it stays in control. China, Hong Kong, ...

Interest in developing their own central bank digital currencies remains strong among central banks worldwide, but so far, ...

Description: The IMF is frequently approached by central banks seeking guidance on the balance between central bank digital currency (CBDC), fast payment systems (FPS), and electronic money (e-money) ...

CBDC and the effectiveness of monetary policy Issuing a central bank digital currency (CBDC) could potentially counter the use of Libra. A CDBC could offer a new digital payment rail and an asset for ...

An interest-bearing and universally accessible central bank digital currency (CBDC) could be a versatile instrument that would, in theory, improve monetary policy by allowing non-linear transfers and ...

Not only can payment disruptions happen with bitcoin, but the IMF is also concerned about the quantity of central bank digital currencies (CBDC) being developed. As the system fragments and central ...

At the request of the Bank of Namibia (BoN), an IMF mission team conducted a technical assistance (TA) from January 15 to February 1, 2024. The mission assisted the authorities in establishing the ...

So, central banks have come up with all sorts of gimmicks to limit that, like implementing limits on CBDC wallets or charging fees above a certain threshold.” The IMF study identified three operating ...

US President Donald Trump has banned the creation and issuance of Central Bank Digital Currency (CBDC) in the United States. While campaigning for the US Presidential Elections, Trump had often ...

Leithner sees the launch of a permanent CBDC as a key element of the EU’s digital agenda and as a crucial component of its financial strategy. Using the digital euro as a strategic asset ...