New Global CBDC Platform Could Cut Payment Costs, IMF Says

“The worry is that the longer this takes, the more national authorities will get locked into differing regulatory frameworks,” Aditya Narain, deputy director of the IMF’s monetary and capital markets department, wrote in a paper. He called for a global response to be coordinated, consistent and comprehensive, to cover “all actors and all aspects of the crypto ecosystem.”

Source: https://www.coindesk.com/policy/2022/09/01/new-global-cbdc-platform-could-cut-payment-costs-imf-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines