Digital money could strain global financial safety net – IMF paper

Economies with existing vulnerabilities are more exposed to impact of digital money, authors say

International Monetary Fund Headquarters 2, Washington, DC
Photo: John Harrington

Public and private forms of digital money could put new strains on the global financial safety net, research published by the International Monetary Fund warns.

The study sets out “preliminary considerations” for the global financial system in the event that digital money, or DM, is widely adopted. The IMF researchers define DM as public forms of money such as central bank digital currency (CBDC), and private forms such as crypto assets and stablecoins.

All these forms of money could threaten

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.