After the International Monetary Fund (IMF) made a few warnings about the crypto money industry, it seems that it has slowly started to warm up to the industry and digital currencies. senior manager of the IMF Kristalina Georgieva In his most recent speech, he made important statements about digital currencies and actually touched on their impact on the crypto money industry.
IMF: 110 Countries Develop CBDC
Bocconi University Participating in the event organized by Georgieva, she stated that they examined the central bank-backed digital currencies and wondered how they would affect macro-economic stability. Emphasizing that the technology in question allows many people to transfer money very quickly and at much less cost, the President stated that they are in compliance with the regulations thanks to the governments and states that support them.
Stating that they conducted a survey among member countries, the IMF manager explained the result as follows:
We conducted a survey among member states and the result was very impressive. 110 countries have taken steps towards CBDCs (central bank digital currency). “
Touching on the issue of stablecoins, Georgieva stated that these actually fill certain gaps at the moment, but that Bitcoin and cryptocurrencies have entered the status of assets rather than money. This is proof that stablecoins have entered the status of “privately offered” money, but BTC is still seen as an asset. This shows that the IMF still does not fully accept cryptocurrencies, but it is on the way.
