Chile Postpones CBDC Launch Citing Need for More Analysis of Benefits

– The Central Bank of Chile will delay issuing its central bank digital currency (CBDC), the digital peso, pending further research.
– The bank gave the green light to develop a centralized digital currency which was scheduled to launch earlier this year.
– The main focus for expanding the research, according to the bank, is to prevent negative impacts on the financial system and monetary policy.

 

 

Chile CBDC.jpg.optimal Chile Postpones CBDC Launch Citing Need for More Analysis of Benefits
Chile Postpones CBDC Launch Citing Need for More Analysis of Benefits 2

Leave a Reply