Central Bank

IMF Calls on Governments to Replace Cash with CBDC

IMF Calls on Governments to Replace Cash with CBDC

The International Monetary Fund (IMF) has called on governments around the world to eliminate physical cash and replace their sovereign currencies with a single Central Bank Digital Currency (CBDC). A CBDC is a form of "digital money" that is managed by the government and central bank bureaucrats. The main difference…
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