IMF: CBDCs Can Boost Financial Inclusion and Payment Efficiency in Middle East
![IMF: CBDCs Can Boost Financial Inclusion and Payment Efficiency in Middle East](https://maybecrypto.com/wp-content/uploads/2024/06/IMF-CBDCs-Can-Boost-Financial-Inclusion-and-Payment-Efficiency-in-1024x576.jpg)
The International Monetary Fund (IMF) says 19 countries in the Middle East and Central Asia, including Bahrain, Georgia, Saudi Arabia, and the UAE, are in the advanced “proof-of concept” stage for central bank digital currencies (CBDCs). “We support policymakers evaluating the need to issue a CBDC and help them craft strong policies and regulatory frameworks […]
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