The concept of a global infrastructure for digital currencies, as proposed by the International Monetary Fund (IMF) Managing Director Kristalina Georgieva, could have significant implications for the adoption of cryptocurrencies. Georgieva’s remarks about interoperability and the avoidance of settlement blocks highlight the growing recognition of the need for coordination and […]
Tag: Central Bank Digital Currency
The Federal Reserve Suddenly Dislikes Central Bank Digital Currency Idea
Creating a central bank digital currency has become a priority for many institutions. Not everyone is in favor of this approach, including some members of the Federal Reserve. There are no proven benefits to a central bank digital currency at this time. Fed Dislike Central Bank Digital Currency Ideas It […]