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IMF Urges Proactive Push for CBDCs, ECB Announces Pilot for Digital Euro
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IMF chief urges countries to be more proactive in developing central bank digital currencies (CBDCs) and emphasizes the need for global interoperability. The ECB has announced plans to establish a pilot for a digital euro, a CBDC, within the 20 European Union countries that use the euro. The IMF has published a CBDC handbook as a reference guide for policymakers.
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