Peru inaugurates first CBDC pilot

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The post Peru inaugurates first CBDC pilot appeared first on CoinGeek.

The government is also seeking to boost financial inclusion; according to the latest studies conducted two years ago, only half of Peruvians had access to formal financial accounts.

According to the International Monetary Fund (IMF), high costs and insufficient digital infrastructure remain vital impediments.

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Article Details

Author / Journalist: Steve Kaaru

Category: Crypto

Markets: CanadaChileChinaIndiaJapanNigerNigeriaPeruSingaporeVietnam

Topics: Viettel Peru Business Central Bank Digital Currency Central Reserve Bank of Peru Peru Digital sol

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-01 @ 13:00:47 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 578 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 21886348

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