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Central bank digital currencies (CBDCs) are gaining attention as a potential tool for financial inclusion and payment efficiency in the Middle East and Central Asia. The International Monetary Fund (IMF) reports that 19 countries in the region are in the advanced 'proof-of concept' stage for CBDCs, with potential benefits including easing cross-border payments and boosting financial inclusion.
CB⚡DC DAILY: ROCKSTARS🤘🏼 Central Bank Digital Currencies Can Boost Middle East's Financial Inclusion, Payment Efficiency Good news for CBDC from the #IMF! #CBDC #FinTech #FinServ @efipm @Kiffmeister @sonjadav @Jonas__Gross @conrad_kraft @JoshuaLipsky https://t.co/iFey1FFRL1 https://t.co/qkYesXQI4r
The #IMF says 19 countries in the Middle East and Central Asia are in the advanced "proof-of concept" stage for #CBDCs. https://t.co/lBBsUJUPqm
#IMF: #CBDCs Could Boost Financial Inclusion and Payment Efficiency in Middle East https://t.co/lBBsUJUPqm
