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coinpedia 2024-06-19 12:42:36

IMF Highlights Potential of CBDCs for Financial Inclusion in Middle East

The post IMF Highlights Potential of CBDCs for Financial Inclusion in Middle East appeared first on Coinpedia Fintech News An IMF survey has recently revealed that 19 central banks in the Middle East and Central Asia have decided to consider central bank digital currencies (CBDCs) for uplifting financial inclusion and payment efficiency. Although CBCDs could significantly lower the costs of financial service and increase accessibility, the IMF opines that they are not really essential …

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