The International Monetary Fund (IMF) says 19 countries in the Middle East and Central Asia, including Bahrain, Georgia, Saudi Arabia, and the UAE, are in the advanced “proof-of concept” stage for central bank digital currencies (CBDCs). “We support policymakers evaluating the need to issue a CBDC and help them craft strong policies and regulatory frameworks […]
Source: https://news.bitcoin.com/imf-cbdcs-can-boost-financial-inclusion-and-payment-efficiency-in-middle-east/
IMF: CBDCs Can Boost Financial Inclusion and Payment Efficiency in Middle East
