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International Monetary Fund

IMF proposes single ledger cross-border payment platform using blockchain
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23 June, 2023

IMF proposes single ledger cross-border payment platform using blockchain

Aside from the settlement layer, the CBDC platform dubbed XC platform comprises a programming layer designed to allow participants to...
India’s central bank is keen on steering G20 toward macro risks posed by digital currencies
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6 June, 2023

India’s central bank is keen on steering G20 toward macro risks posed by digital currencies

While Indian regulators are focused on protecting retail investors, the broader payments ecosystem faces significant risks from digital currencies, according...
IMF calls on Central African Republic to strike BTC legal tender status, again
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29 May, 2023

IMF calls on Central African Republic to strike BTC legal tender status, again

The IMF was optimistic in its outlook for the Central African Republic, projecting a 2.2% GDP growth for 2023, but...
IMF lauds eNaira in its 1-year assessment but cautions against intermediation
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25 May, 2023

IMF lauds eNaira in its 1-year assessment but cautions against intermediation

The International Monetary Fund says the eNaira has proven that a CBDC can work, but it says Nigeria has room...
Zimbabwe defies IMF, sells $40 million worth of gold-backed digital tokens
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20 May, 2023

Zimbabwe defies IMF, sells $40 million worth of gold-backed digital tokens

Zimbabwe’s tokens are backed by 140 kilograms of gold, the central bank says, revealing it’s preparing for a second round...
G7 finance ministers renew support for digital asset monitoring, CBDC research
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19 May, 2023

G7 finance ministers renew support for digital asset monitoring, CBDC research

G7 member nations reiterate that CBDCs could play a major role in maintaining a good financial system but, similar to...
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