The International Monetary Fund (IMF), the World Bank, and the Bank of International Settlements (BIS) in a joint report have proposed to the G20 that a cross-border network of central bank digital currencies (CBDCs), underpinned by efficient technological integration and proactive international cooperation, could be of significant benefit to the world economy. Major central banks […]Read full post Global financial regulators believe that CBDCs will benefit worldwide development. on Chaintimes.com.