Wednesday, June 19, 2024

IMF Says CBDCs Could Boost Middle East's Financial Inclusion, Payment Efficiency

Central bank digital currencies (CBDCs) may not be essential to achieving intended policy goals, instead addressing underlying constraints and improving other digital payment systems may be a more practical alternative, a survey of 19 central banks in the Middle East and Central Asia (ME&CA) region by the International Monetary Fund's (IMF) has said.

source https://www.coindesk.com/policy/2024/06/19/imf-says-cbdcs-could-boost-middle-easts-financial-inclusion-payment-efficiency/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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Fidelity joins Wall Street's race to manage stablecoin reserves

Following State Street, Fidelity is targeting reserve assets that underpin the expanding stablecoin market. source https://www.coindesk.com...