The International Monetary Fund (IMF) and the Digital Currency Monetary Authority (DCMA) announced the launch of the Universal Monetary Unit (UMU) during the IMF Spring Meetings 2023. Also referred to as Unicoin, the central bank digital currency (CBDC) aims to bolster monetary sovereignty while adhering to the IMF’s recent crypto asset policy recommendations. Tobias Adrian, The post IMF and DCMA Unveil Universal Monetary Unit to Reinforce Banking appeared first on Coin Edition .
