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CBDCs are Different from Cryptocurrencies; Says IMF Executive

Published 01/12/2023, 12:09 AM
Updated 01/12/2023, 12:30 AM
CBDCs are Different from Cryptocurrencies; Says IMF Executive

  • IMF Executive spoke to Shekhar Gupta and Sharad Raghavan at The Print’s ‘Off The Cuff’ show.
  • He lectured on the necessity of distinguishing between cryptocurrencies and the CBDCs.
  • The role of central banks and the fallacies about the functioning of the banks were also discussed in the talk.

Indian Economist, the Executive Director of the International Monetary Fund (IMF), and the former Chief Economic Advisor to the Government of India, K V Subramanian, talked about the necessity of distinguishing between Central Bank Digital Currency (CBDC) and cryptocurrency at the ‘Off The Cuff’ show.

On Tuesday, Subramanian had a talk with The Print Editor-in-Chief Shekhar Gupta and Deputy Editor TCA Sharad Raghavan at ‘Off The Cuff,’ the candid talk show launched by the online news channel, The Print.

Notably, he explained in detail the ways in which the CBDCs should be diff ...

The post CBDCs are Different from Cryptocurrencies; Says IMF Executive appeared first on Coin Edition.

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