This year Chile published its second report exploring a potential central bank digital currency (CBDC). The country has the highest rate of financial inclusion in the region at 85-87% with a significant proportion of digital payments. As a result the Banco Central Chile does not see a current need for a CBDC (or MDBC as it’s called locally). However, it wants to prepare in case the need arises in the medium term.
https://www.ledgerinsights.com/chile-finds-no-current-need-for-a-cbdc-but-will-prepare/
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