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New Global CBDC Platform Could Cut Payment Costs, IMF Says

The International Monetary Fund remains skeptical about a private system, but is pushing for new ideas on state-backed digital currencies.

Updated May 11, 2023, 6:24 p.m. Published Sep 1, 2022, 4:00 p.m.
IMF officials want to make cross-border payments easier by using digital currency. (William Potter/Getty Images)
IMF officials want to make cross-border payments easier by using digital currency. (William Potter/Getty Images)