Chile has delayed its CBDC plans. The Central Bank said the issuance of a digital Chilean peso requires a deeper analysis of the benefits and risks, promising a new report toward the end of the year.
The Central Bank of Chile has delayed its plans for a central bank digital currency saying the issuance of a digital Chilean peso requires a deeper analysis of the benefits and risks, promising a new report toward the end of the year.on May 11 included a preliminary evaluation of a Chilean CBDC. It explored the country’s current payment system, along with the benefits, risks and principles of issuing a digital peso.
“A CBDC would contribute to achieving a competitive, innovative and integrated payment system that is inclusive, resilient and protects people’s information.”
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