In designing central bank digital currencies (CBDCs), it is imperative that central banks carefully consider its legal foundations. As with any form of money, CBDCs require a solid basis under public ...

The Promise of CBDC and Gift City’s Role. Is the Digital Rupee ready for real-world testing? At a time when countries like China and the European Union are pioneering their own ...

Tobias Adrian, Nina Boyarchenko and Domenico Giannone have won this year’s Economics in central banking award, part of the ...

In Nigeria’s case, the Central Bank of Nigeria (CBN) and other key economic managers have introduced vital reforms aimed at ...

The US federal government rests in the hands of Republicans holding majorities in both chambers of Congress and led by ...

Bo Li, the Deputy Managing Director of the IMF and former Deputy Governor of the People’s Bank of China, stated for example in 2022: “The CBDC would allow the conditioning of money paid in the form of ...

Argentina and the IMF are still negotiating the specifics of the program, though the fund recently cited "good progress" in the talks. A deal could be announced next month or in May, a government ...

To help unlock South Africa’s full growth potential, the IMF recommends fully implementing the reforms already underway as well as pursuing a package of further structural reforms: Recent IMF analysis ...

A central bank digital currency, or CBDC, is a digital version of a region’s fiat currency, put out by the region’s monetary authority. CBDCs gained a significant spotlight in 2020 ...

An International Monetary Fund (IMF) team landed in Buenos Aires Wednesday to discuss Argentina's eligibility for a US$ 11 billion new loan to make up for the South American country's currently ...