As if trying to steal a march from BRICS and Eurasian Union officials discussing a new reserve currency, the “global synthetic digital currency controlled by the central banks” which then-Bank of England head Mark Carney called for at Jackson Hole in 2019, made its appearance at this past week’s IMF/World Bank meetings in Washington.
The Digital Currency Monetary Authority (see below) issued an April 10 press release at those meetings (https://www.prnewswire.com/news-releases/the-digital-currency-monetary-authority-dcma-launches-an-international-central-bank-digital-currency-cbdc-301793163.html ), which read: “Today, at the International Monetary Fund (IMF) Spring Meetings 2023, the Digital Currency Monetary Authority (DCMA) announced their official launch of an international central bank digital currency (CBDC) that strengthens the monetary sovereignty of participating central banks and complies with the recent crypto assets policy recommendations proposed by the IMF.
“The Universal Monetary Unit (UMU), symbolized as ANSI Character, Ü, is legally a money commodity, can transact in any legal tender settlement currency, and functions like a CBDC to enforce banking regulations and to protect the financial integrity of the international banking system.”
