CBDCs could boost financial inclusion, ease cross-border payments in the Middle East, IMF says

Oluwapelumi Adejumo

Central Bank Digital Currencies (CBDCs) could enhance financial inclusion in the Middle East and improve cross-border payments, according to a survey by the International Monetary Fund (IMF). The regulator pointed out that about two-thirds of Middle Eastern countries are exploring these national digital currencies, with 19 still in the research phase. However, some countries, such […]

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CBDCs could boost financial inclusion, ease cross-border payments in the Middle East, IMF says