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.
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