IMF head, Kristalina Georgieva, has made it perfectly clear in her list of top priorities that rapid buildout of fintech developments, including the development of digital currencies, is not going to take a back seat this year. The International Monetary Fund (IMF), a Washington DC-based organization involving one hundred and eighty-nine countries, is responsible for ensuring smooth trading relations and worldwide monetary cooperation for a sustainable economic and financial growth. When it comes to fintech, especially concerning stablecoins and central bank digital currencies (CBDCs), it has always been open and upright about supporting them. Last year, the former IMF head