Honduras Initiates Consultation for Central Bank Digital Currency (CBDC) to Drive Financial Inclusion

Honduras Initiates Consultation for Central Bank Digital Currency (CBDC) to Drive Financial Inclusion

The Central Bank of Honduras has embarked on a comprehensive two-month consultation period to explore the potential implementation of a retail-oriented Central Bank Digital Currency (CBDC). The primary focus of this initiative is to enhance financial inclusion, with a particular emphasis on facilitating cross-border transactions, specifically remittances. In collaboration with the International Monetary Fund (IMF), […]

Latin America Leads CBDC Adoption: A Roadmap for Digital Finance Revolution

Latin America Leads CBDC Adoption: A Roadmap for Digital Finance Revolution

Latin American countries have been making steady progress towards CBDCs. According to a report by the International Monetary Fund (IMF), the majority of central banks in the region are currently evaluating CBDCs. While most of the research and development is still in the early stages, a few nations have made significant strides towards the launch […]

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