Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo
Cryptoknowmics 2023-05-06 06:16:52

A CBDC For Retail Could Bring Central Banks Into Trouble: IMF Director

Kristalina Georgieva, the managing director of the International Monetary Fund (IMF), recently took a swipe at retail central bank digital currencies (CBDCs). IMFIM chief warns retail CBDCs could jeopardize global financial stability At the annual Milken Institute conference titled “The State of the Global Financial System,” Georgieva reiterated the IMF’s position, pointing out that retail CBDCs could jeopardize global financial stability. Georgieva let participants know that notwithstanding the plenty of pilots, retail CBDCs could result in a “myriad of unforeseeable consequences.” Georgieva thinks that wholesale CBDCs can be put in place with fairly little room for undesirable surprises, whereas retail CBDCs The post A CBDC For Retail Could Bring Central Banks Into Trouble: IMF Director appeared first on Cryptoknowmics-Crypto News and Media Platform .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.