TOPICS

Long line of people waiting to withdraw cash from ATM in Fiji

Digital Money, Carefully Managed, Can Aid Pacific Island Growth and Equality

March 25, 2024

Bo Li, Anca Paduraru, Yong Sarah Zhou

A cautious step-by-step approach would help the region explore new technologies effectively to deliver economic and social gains while managing risks

Central Bank Digital Currency Development Enters the Next Phase

November 20, 2023

Tobias Adrian, Dong He, Tommaso Mancini-Griffoli, Tao Sun

Many of the world’s monetary authorities are seeking more guidance on how best to pursue digital forms of central bank money

How Pandemic Accelerated Digital Transformation in Advanced Economies

March 21, 2023

Florence Jaumotte, Myrto Oikonomou , Carlo Pizzinelli , Marina M. Tavares

Digital technologies shielded labor and productivity from the pandemic, while lagging countries accelerated the adoption of technology. However, digitalization gaps persist.

Mounting Cyber Threats Mean Financial Firms Urgently Need Better Safeguards

March 2, 2023

Tobias Adrian, Caio Ferreira

Regulators and supervisors must act now to strengthen the prudential framework

Technology Behind Crypto Can Also Improve Payments, Providing a Public Good

February 23, 2023

Tobias Adrian, Tommaso Mancini-Griffoli

A new kind of multilateral platform could improve cross-border payments, leveraging technological innovations for public policy objectives

IMF, Crypto

Crypto Contagion Underscores Why Global Regulators Must Act Fast to Stem Risk

January 18, 2023

Bo Li, Nobuyasu Sugimoto

Stronger financial regulation and supervision, and developing global standards, can help address many concerns about crypto assets

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