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Published on Thursday, April 5, 2018 | Updated on Sunday, May 13, 2018

Central bank digital currencies: An assessment of their adoption in Latin America

Summary

This document focuses on identifying factors affecting the implementation of a Central Bank digital currency (CBDC) in Latin American countries. The adoption of a CBDC (non-universal) for the interbank and wholesale payment system would lead to a relatively minor level of disruption in the economy. In this case, the implementation costs is an important issue.

Geographies

Documents and files

Report (PDF)

CBDCs-in-LATAM

English - April 5, 2018

Report (PDF)

CBDCs-in-LATAM

Spanish - April 5, 2018

Authors

NC
Noelia Cámara BBVA Research - Principal Economist
ED
Enestor Dos Santos BBVA Research - Principal Economist
FG
Francisco Grippa BBVA Research - Principal Economist
JS
Javier Sebastián
FS
Fernando Soto
CV
Cristina Varela BBVA Research - Principal Economist
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