IMF’s Kristalina Georgieva said that the public sector should keep preparing to deploy central bank digital currencies and related payment platforms in the future.
“We have not yet reached land. There is so much more space for innovation and so much uncertainty over use-cases,” said Georgieva, managing director of the IMF, at the Singapore FinTech Festival 2023 on Wednesday.
As of June 2023, only 11 countries have adopted CBDCs, acccording to data from the Atlantic Council.

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