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IMF Working on Global CBDC Platform to Revolutionize Global Remittances and Trade

IMF Working on Global CBDC Platform to Revolutionize Global Remittances and Trade

Reuters | Ahmed Eljechtimi | Jun 19, 2022 The International Monetary Fund (IMF) is developing a platform for central bank digital currencies (CBDCs), aiming for global interoperability and efficiency in cross-border transactions. CBDCs, being government-issued and having a fixed value equal to the country's fiat currency, provide a stable means of exchanging digital assets, unlike


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