Peru boards CBDC train with IMF help
Peru moves closer toward the development of a CBDC in a move intended to improve the country's monetary and financial stability and has engaged with stakeholders to put the plan into fruition.
Peru moves closer toward the development of a CBDC in a move intended to improve the country's monetary and financial stability and has engaged with stakeholders to put the plan into fruition.
Central Bank President Julio Velarde said the government is partnering with countries with more advanced experience in developing its central bank digital currency, such as India, Singapore, and Hong Kong.