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International financial institutions are leading the initiative to bring CBDCs across countries on a single platform.
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IMF advisor announced the XC platform for CBDC interoperability.
Central bank digital currencies (CBDCs) are paving their way into traditional financial systems with legitimization from institutions globally. International financial institutions like International Monetary Fund (IMF) and Bank of International Settlements (BIS) are seen to indulge in CBDC and its infrastructural development. An IMF advisor recently showcased the ways by which CBDC could revolutionize global finance.
IMF Initiative to Bring CBDCs on a Singular Platform
Financial Counsellor and Director of the Mentary and …
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