The international monetary fund on September 21 released the "Inclusive Strategy for Central Bank Digital Currency Adoption Intermediaries and Users" document. The document recommends the implementation of an inclusive strategy for intermediaries and end users, and introduces a high-level framework, the REDI framework, to help drive the adoption of CBDCs.
International monetary fund staff said that successful adoption of CBDCs requires aggressive strategic policy and design choices that benefit end users and intermediaries. They therefore urged central banks to focus on stakeholder engagement.
The REDI framework (which stands for Regulation, Education, Design and Deployment, and Incentives) was developed by international monetary fund staff to help central banks improve the adoption of CBDCs.
International monetary fund proposes REDI framework to promote CBDC adoption
2024-09-22 08:37:29
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