IMF SaysCrypto and Central Banks Could Set the Stage for a Rich and Diverse Monetary Ecosystem | Crypto

IMF SaysCrypto and Central Banks Could Set the Stage for a Rich and Diverse Monetary Ecosystem

The International Monetary Fund (IMF) says that collaboration between central banks and crypto technology could create an innovative and efficient Monetary ecosystem.
– in a new report written by executives from The Bank for International Settlements (BIS), The IMF says The technology behind digital assets and The trust that The public have in central banks together could set The stage for The Monetary policy of The future.
– According to The IMF, while The technology behind crypto assets is noteworthy, The industry has many flaws, such as extreme price volatility and lack of regulations and scalability. The IMF says that central banks can help solve these issues.
– The report cites real estate tokenization and retail purchases as an examples of how central banks can use digital assets.

imf favors central bank IMF SaysCrypto and Central Banks Could Set the Stage for a Rich and Diverse Monetary Ecosystem

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