Central Bank of Chile Studies Issuance of a Digital Currency – Bitcoin News

The Central Bank of Chile revealed it is studying how to issue a national digital currency, the digital peso. The bank issued a report titled “Issuance of a Central Bank Digital Currency in Chile,” where it explores the possibility of the creation of a central bank digital currency (CBDC) in the future, the mechanism it … Read more

Chile puts CBDC plans on hold until end of 2022 to undertake more analysis

The Central Bank of Chile has delayed its plans for a central bank digital currency (CBDC) saying the issuance of a digital Chilean peso requires a deeper analysis of the benefits and risks, promising a new report towards the end of the year. A report from the bank published on May 11 included a preliminary … Read more