IMF to Publish Handbook on Central Bank Digital Currencies and Their Potential to Improve Payment Systems
The International Monetary Fund (IMF) is set to publish a handbook on central bank digital currencies (CBDCs), with initial findings suggesting that a well-designed CBDC could improve payment systems alongside other solutions. The handbook, due after the 2023 annual meetings, will cover a range of frequently asked questions on CBDCs, including policy objectives, legal considerations, cyber resilience and readiness to issue. While the US is not currently supportive of a digital dollar, other major jurisdictions such as the European Union appear more open to CBDCs, with an official at the Bank of Italy suggesting a digital euro could be the answer to stablecoins. The IMF paper advises policymakers to explore CBDCs carefully and systematically, given the complexities and novelty involved.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana’s SNS token is the new shining star
Best Crypto to Invest in May 2025? Qubetics Leads Interoperability While Monero and XRP Reinforce Use Case Strength
Discover why Qubetics, Monero, and XRP are the best crypto to invest in May 2025 for privacy, interoperability, and institutional momentum.Qubetics ($TICS): Redefining Interoperability for Global Blockchain UtilityQubetics Crypto Presale and ROI OutlookMonero (XMR): Championing Privacy and Network ResilienceXRP: Positioned for Institutional AccelerationFinal Thoughts

Cryptocurrency liquidations surpass $1,1 billion after surge in Ethereum, Bitcoin and Solana
BlackRock and SEC discuss staking and options in crypto ETFs
Trending news
MoreCrypto prices
More








