IMF Boss Says Europe Can Avoid Debt Trap, Difficult to Believe in Crypto as Money

IMF Chief Kristalina Georgieva said that Europe could reverse getting into a debt crisis. She further warned about the risks associated with cryptocurrencies. (Read More)

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IMF Forge Ahead For A Unified Global CBDC

The International Monetary Fund or IMF is making headway in creating a unified global CBDC platform with the help of regulators and policymakers around the world. Kristalina Georgieva, IMF Managing Director stated that the pilot project would facilitate easier transactions between countries. The majority of the world’s top financial leaders and authorities have viewed cryptocurrencies […]

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Retail CBDCs bring unknown ‘consequences’ to financial system: IMF director

A myriad of unforeseeable “consequences” will be brought about by retail central bank digital currencies (CBDCs), the managing director of the International Monetary Fund (IMF) claimed. The IMF’s Kristalina Georgieva erred on the side of caution regarding retail CBDCs in a May 1 interview at the Milken Institute’s 2023 Global Conference. Georgieva explained the IMF [...]

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