Kristalina Georgieva, managing director of the IMF. Photographer: Christopher Pike/Bloomberg
The International Monetary Fund (IMF) is "working hard" on a concept of a global infrastructure that would ensure interoperability of settlements between digital currencies issued by national central banks. Such a platform would avoid an under-utilization of so-called central bank digital currencies (CBDCs), managing director Kristalina Georgieva told a conference in Rabat, Morocco.
"We are working on a principle of interoperability," she said. Such concept would involve a shared infrastructure that would avoid the emergence of "settlement blocks," which is the "last thing we want" to avoid further economic fragmentation, Georgieva said.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
