Cryptocurrencies
IMF Chief Sees No Universal Central-Bank Digital Money Case
- Georgieva sees gains for financial inclusion, payment systems
- But she warns financial stability, privacy must be considered
Kristalina Georgieva
Photographer: Emily Macinnes/BloombergThis article is for subscribers only.
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There’s no universal case for central-bank digital currencies, according to International Monetary Fund Managing Director Kristalina Georgieva, who urged policy makers to carefully weigh trade-offs as financial innovation enters a new phase.