International Monetary Fund (IMF) - Optimizing the role of central banks in regulating and issuing digital currencies
As the digital revolution continues to transform the global economy, countries are concerned by the question “Can central banks strike the delicate balance between innovation and stability in the era of digital currencies?”. With over 130 countries exploring central bank digital currencies, it is for sure that this moment is a turning point
This year in HASALMUN, the International Monetary Fund has the agenda, "Optimizing the Role of Central Banks in Regulating and Issuing Digital Currencies" which investigates the heart of this transformative issue. Central banks now brainstorm on how they can implement the technological advancements while increasing privacy and breaking trust. Will they succeed in addressing concerns about cybersecurity, illicit activities, and the evolving needs of citizens and businesses? This session aims to provide policy recommendations that shape the future of global finance.
As we gather to discuss these pressing challenges, one thing is certain: the decisions made today will define the trajectory of the financial systems of tomorrow. Are central banks ready to carry this burden? Let’s explore together.