IMF: some central banks ‘on verge’ of piloting CBDCs

Survey highlights need for greater co-operation on fintech regulation

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Fintech findings: IMF and World Bank have published a survey of 96 central banks

The International Monetary Fund has found that around 20% of jurisdictions are “exploring the possibility” of issuing a central bank digital currency (CBDC), with some already beginning on a limited scale.

The IMF and World Bank recently published a survey of 96 central banks, finance ministries and other relevant agencies on questions about fintech.

The fund said in the survey that “a few central banks (eg Uruguay) have issued [a] CBDC as limited-scale pilots and others are on the verge of

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