IMF: CBDCs Can Boost Financial Inclusion and Payment Efficiency in Middle East

The International Monetary Fund (IMF) says 19 countries successful the Middle East and Central Asia, including Bahrain, Georgia, Saudi Arabia, and the UAE, are successful the precocious “proof-of concept” signifier for cardinal slope integer currencies (CBDCs). “We enactment policymakers evaluating the request to contented a CBDC and assistance them trade beardown policies and regulatory frameworks […]