IMF Director Says CBDCs Could Replace Cash‚ Increase “Financial Inclusion”
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IMF Director Says CBDCs Could Replace Cash‚ Increase “Financial Inclusion”

The concept of Central Bank Digital Currency (CBDC) – the opposite of decentralized crypto – whose purpose can be summed up as a way to keep financial power firmly cemented in the hands of governments and their central banks in the digital age‚ unsurprisingly has a staunch supporter in the International Monetary Fund (IMF).