A recent IMF post was extremely favourable towards countries in Latin America and the Caribbean using central bank digital currencies, while denigrating El Salvador’s adoption of Bitcoin.
The post by the International Monetary Fund suggested that Latin American and Caribbean (LAC) countries were making “significant strides in the introduction of central bank digital currencies (CBDCs).
It cited the four Latin American countries of Brazil, Argentina, Colombia, and Ecuador, as ranking among the top 20 countries in 2022 for adoption of crypto assets.
However, the IMF post chose to go along with the perceived disadvantages of these potential adoptions citing:
“crypto asset adoption also presents numerous challenges and risks, particularly for vulnerable LAC countries with a history of macroeconomic instability, low institutional credibility, substantial capital flows, corruption, and extensive informal sectors.”
On the subject of adoption, the IMF authors pointed out how the Domini
We współpracy z: https://cryptodaily.co.uk/2023/06/imf-still-pushing-cbdcs-while-continuing-to-highlight-crypto-risk
