The International Monetary Fund (IMF) is working on a platform that would allow various central bank digital currencies (CBDC) to interoperate on a global scale, Managing Director Kristalina Georgieva told participants at a conference.
“CBDCs should not be fragmented national propositions … To have more efficient and fairer transactions, we need systems that connect countries—we need interoperability,” Georgieva said in Rabat, Morocco, on June 19.
“For this reason at the IMF, we are working on the concept of a global CBDC platform,” she added.
Georgieva said the IMF wants central banks to reach a consensus on a common global regulatory framework for digital currencies that would give global adoption a major boost….