IMF will develop standards for regulating digital currencies of central banks

The International Monetary Fund will prepare a document for central banks developing digital currencies (CBDC). Each state that creates its own token linked to a national monetary unit will be able to be guided by the norms and regulatory standards presented by the IMF, said its spokesman Bo Lee.
In fact, he confirmed the Foundation’s desire to systematize the CBDC regulatory framework, as the number of countries wishing to issue such an instrument grows.
In early March, IMF head Kristalina Georgieva announced her readiness to cooperate with central banks on this issue.

Leave a Comment