IMF panel weighs up wholesale versus retail CBDC
Officials pondered the trade-offs between wholesale and retail central bank digital currencies (CBDC) in a panel during the International Monetary Fund Spring meetings.
Overall, the participants welcomed the major progress in digital financial infrastructures over the last few years, a process accelerated by the remote working conditions imposed by the pandemic. Nonetheless, they warned that while harnessing the advantages of new technology, public institutions must make sure there are
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