IMF: central bank digital currencies could lead to "exchange rate crisis"

10月
20
2020-10-20 10:47
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According to the International Monetary Fund (IMF), the International Monetary Fund (IMF) has said that digital banking and fixed income banks can have "changeable" moods. Foreign exchange can weaken the ability of authorities to control the national economy, reduce the security of monetary needs and may have an impact on monetary policy. The use of technology can also support illegal investments without adequate protection.

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IMF: Central Bank's Digital Currencies May Strain Over "Money Transformation"
According to a Golden Ten report, the International Monetary Fund (IMF) said digital banking and fixed income banks could lead to an "exchange rate" crisis, using currency abroad instead of spending money at home. Fluctuations in exchange rates can make the police less able to control household income, reduce the security of cash requirements, and have the impact of weak financial policy. Using these technologies without adequate protection can also encourage illegal access.
2020-10-20 10:47

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