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CryptoNewsZ 2023-11-16 09:59:56

CBDCs have the potential to ‘replace cash,’ says IMF Director

Kristalina Georgieva, the managing director of IMF, recently stated that CBDCs can replace cash. The director asked central banks to focus on the benefits of these digital currencies. Georgieva talked about Central Bank Digital Currencies at the Singapore FinTech Festival. The director advised policymakers to explore opportunities surrounding CBDCs. The speech was acutely similar to …

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