IMF unveils Unicoin – a global CBDC

Focused on legal tender settlement.

  • By Didi Rankovic
  • If you’re tired of censorship, cancel culture, and the erosion of privacy and civil liberties subscribe to Reclaim The Net.As opponents of central bank digital currencies (CBDCs) are getting more vocal in their criticism of this type of digital version of paper money that many countries are either adopting or are close to doing so. This is one of the pillars of financial globalism, the International Monetary Fund (IMF), has made its stance very clear.The IMF’s Spring Meetings this year saw the announcement of the organization’s own, “international central bank digital currency” called the Universal Monetary Unit (UMU, aka Unicoin).The IMF said in a statement that UMU functions like a CBDC and is a legal and global money commodity. The purpose of this particular iteration of a CBDCs is to make sure banking regulations are enforced, as well as to protect “the financial integrity of the international banking system.”To continue at original source; https://reclaimthenet.org/imf-unveils-unicoin-a-global-cbdc. 24/7 MARKET NEWS, INC Disclaimer24/7 MARKET NEWS (“24/7 MN”) is dedicated to covering various underreported segments of the stock markets. Our goal is to help you to better understand these markets, but 24/7 MN is neither an investment advisor nor a financial advisor, and no information provided here is to be interpreted as a suggestion to buy or sell stocks or other investment products. All opinions, news, research, analysis, prices or other information contained on 247marketnews.com, its press releases, or other services are provided for educational purposes only and do not constitute investment advice. You are solely responsible for the investment decisions you make. Please go to 247marketnews.com or https://247marketnews.com/terms-disclaimer/ for further information.

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