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IMF: CBDCs Can Boost Financial Inclusion and Payment Efficiency in Middle East

IMF: CBDCs Can Boost Financial Inclusion and Payment Efficiency in Middle East


Bitcoin.com
2024-06-20 00:31:52

The International Monetary Fund (IMF) says 19 countries in the Middle East and Central Asia, including Bahrain, Georgia, Saudi Arabia, and the UAE, are in the advanced “proof-of concept” stage for central bank digital currencies (CBDCs). “We support policymakers evaluating the need to issue a CBDC and help them craft strong policies and regulatory frameworks


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