Zhang Tao on the IMF’s fintech agenda, CBDCs and big tech oversight

IMF deputy MD speaks about the fund’s views on CBDC operating frameworks and macrofinancial surveillance

Zhang Tao
Photo: International Monetary Fund

The International Monetary Fund and World Bank unveiled the Bali Fintech Agenda (BFA) in 2018, investigating the implications of emerging technologies for financial stability, regulation and monetary policy. What are the main successes so far? Are there any key lessons you have learned?

Fintech can have a profound impact on the delivery of financial services globally, and during this Covid-19 pandemic, we’ve seen that fintech-forward institutions have been agile and able to adapt business

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