CEMLA’s survey on central bank digital currencies in Latin America and the Caribbean

Gerardo Hernández del Valle, Karla Chua Mejía, Bernardo Paniagua Zabal, Matias Alfredo Gutierrez Girault and Pablo Villalobos González

Latin American Journal of Central Banking (previously Monetaria), 2024, vol. 5, issue 4

Abstract: In late 2021 and early 2022, CEMLA conducted a thorough survey involving 12 central banks to analyze key aspects related to the potential implementation of a Central Bank Digital Currency (CBDC). The findings revealed prevalent issues and objectives regarding digital payments in the region, as well as promising avenues for central bank involvement. However, it highlighted the challenges of creating a universal CBDC framework due to significant disparities among neighboring countries. Nonetheless, the collaborative research approach promises valuable insights for future efforts. To protect participant anonymity, each country’s responses were anonymized with randomly assigned letters.

Keywords: CBDC; Cross-border payments; Digital payments (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:lajcba:v:5:y:2024:i:4:s2666143824000176

DOI: 10.1016/j.latcb.2024.100135

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