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

IMF survey also highlights need for greater co-operation on fintech regulation

FX currencies

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 around fintech.

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

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