top of page
Search

IMF announcement




CBDCs could also help promote financial inclusion and make remittances cheaper, she said, noting that the average cost of money transfers stands at 6.3% amounting to $44 billion annually. Georgieva stressed that CBDCs should be backed by assets and added that cryptocurrencies are an investment opportunity when backed by assets, but when they are not they are a “speculative investment.

 
 
 

Recent Posts

See All
We brought nothing into this world

Nations and economies don't simply "collapse" on their own. They are deliberately sabotaged from those on the inside who control the banks, the markets, and the currency itself. The old system must be

 
 
 

Comments

© 2020 CAROLINE STEPHENS

  • Twitter
  • Caroline-Stephens_Icon
  • Facebook Social Icon
bottom of page