IMF lawyers argue that central banks need reform before they can issue CBDCs

by Aurelia Butler 20 November 2020, 22:00 169 Views

In the paper, researchers including IMF legal counsel Wouter Bossu and Catalina Margulis argue that current frameworks are inadequate for issuing public-facing CBDCs. The researchers are particularly concerned about how existing definitions of money can apply to such a new technology, but, optimistically, suggest the problem is simple enough to fix:

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Source: Cryptocurrency - investing.com

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IMF lawyers argue that central banks need reform before they can issue CBDCs

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Explainer: Fed lending programs – What did they accomplish? How hard would it be to bring them back?

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