Financial Services Financial Services

Central bank digital currencies clearly allowed under only 23 percent of members' laws, IMF says

By Neil Roland
  • 14 Jan 2021 16:39
  • 14 Jan 2021 16:39
Only 23 percent of the world’s 174 central banks that are International Monetary Fund members are clearly allowed to issue digital currencies under their own laws, an IMF blog today said, posing an obstacle for many central banks as they weigh issuing a virtual public currency.
“Amy money issuance is

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Neil Roland

Senior Correspondent

Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

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