IMF GLOBAL CBDC PLATFORM - LAYING THE GROUNDWORK

Reminder: ROTHSCHILD IMF Kristalina Georgieva - Has an announcement CBDC ROLLING IT... BUCKLE UP ... No conspiracy. Already 114 central banks are at some stage of CBDC exploration, "with about 10 already crossing the finish line", she said.
"If countries develop CDBCs only for domestic deployment we are underutilizing their capacity," she added.
CBDCs could also help promote financial inclusion and make remittances cheaper, she said, noting that the average cost of money transfers stands at 6.3% amounting to $44 billion annually.
Georgieva stressed that CBDCs should be backed by assets and added that cryptocurrencies are an investment opportunity when backed by assets, but when they are not they are a “speculative investment.
SOURCE: https://www.reuters.com/markets/imf-working-global-central-bank-digital-currency-platform-2023-06-19/
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