Chart of the WeekMore African Central Banks Are Exploring Digital Currencies
Several sub-Saharan African central banks are exploring or in the pilot phase of a digital currency.
Global Crypto Regulation Should be Comprehensive, Consistent, and Coordinated
The IMF’s mandate is to safeguard the stability of the international monetary and financial system, and crypto assets are changing the system profoundly.
Cryptoassets as National Currency? A Step Too Far
By Tobias Adrian and Rhoda Weeks-Brown
عربي, 中文, Español, Français, 日本語, Português, Русский
New digital forms of money have the potential to provide cheaper and faster payments, enhance financial inclusion, improve resilience and competition among payment providers, and facilitate cross-border transfers. […]
From Stablecoins to Central Bank Digital Currencies
By Tobias Adrian and Tommaso Mancini-Griffoli
As privately issued stablecoins continue to encroach on more traditional forms of money—like cash and bank deposits—policymakers will not simply look on from the sidelines. […]
Digital Currencies: The Rise of Stablecoins
By Tobias Adrian and Tommaso Mancini-Griffoli
A battle is raging for your wallet. New entrants want to occupy the space once used by paper bills or your debit card. […]