IMF Says CBDCs Could Boost Middle East’s Financial Inclusion, Payment Efficiency

IMF Says CBDCs Could Boost Middle East’s Financial Inclusion, Payment Efficiency

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Source: Coindesk.com

An IMF survey of the Middle East and Central Asian region has concluded that while CBDC's may not be essential they can advance financial inclusion and lower the cost of financial services. The uptake of CBDC's may only have marginal benefits in the Middle East and Central Asia if other barriers are not addressed, the IMF findings

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The post "IMF Says CBDCs Could Boost Middle East's Financial Inclusion, Payment Efficiency" appeared first here Coindesk.com.

Source: Coindesk.com

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