What is the ‘REDI’ Framework for CBDC Adoption Suggested by IMF

What is the ‘REDI’ Framework for CBDC Adoption Suggested by IMF

India is one of several countries actively working to integrate Central Bank Digital Currencies (CBDCs) into their financial systems. Over the weekend, the International Monetary Fund (IMF) proposed a framework aimed at facilitating widespread adoption of CBDCs, known as REDI, which stands for Regulation, Education, Design and Deployment, and Incentives….