Cambridge University launches a research project on cryptocurrencies with IMF

The program will focus on three main areas, including the environmental implications of cryptocurrencies, infrastructure, and digital assets

01.03.2022 - 08:05

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What’s new? The Cambridge Center for Alternative Finance, or CCAF, has launched a research initiative aimed at deepening understanding of the rapidly growing digital asset industry. The project called the Cambridge Digital Assets Programme (CDAP) is a public-private collaboration with 16 companies.

Information on the Cointelegraph website

Who was involved in the research? The government agencies such as the Bank for International Settlements Innovation Hub and the International Monetary Fund have been involved in the project. Goldman Sachs, Mastercard and Visa, Invesco, British International Investment, Dubai International Financial Center, Ernst & Young, Fidelity, London Stock Exchange Group, MSCI, and the World Bank also participated in the initiative.

What does the project say? The main objective of the CDAP is to provide an evidence-based public dialogue on the opportunities and risks associated with the growing adoption of cryptocurrencies. , namely, stablecoins, central bank digital currencies, and cryptocurrencies.

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