CBDC
OpenCalais Metadata: Ticker
OpenCalais Metadata: LegalName
CHUNGBUK DEVELOPMENT CORPORATION
IMF: Central Bank Digital Currencies could Replace Cash
Central bank digital currencies (CBDCs) have the potential to replace cash, but adoption may take time, said Kristalina Georgieva, managing director of the International Monetary Fund.
"CBDCs can replace money that is expensive to circulate in island economies," she said Wednesday at the Singapore FinTech Festival event, CNBC reported.