CBDC Broadcast #5 - CBDC Motivations, Challenges and Design Choices- A perspective from Latin America

About this Episode

With:

| Ludmilla Buteau Allien, Bank of the Republic of Haiti
| Dr Adolfo Sarmiento, Central Bank of Uruguay

There are many motivations for rolling out a CBDC, from achieving higher financial inclusion and higher transactional efficiency to preserving monetary sovereignty by compensating for the declining use of cash and by countering the entrance of new private forms of digital currencies.

Each country has a different set of features and objectives that make a CBDC’s design and roll-out a tailor-made process. Having heard about the challenge and motivation from a G7 perspective in Session #4 with the Bank of England and the Bank of Canada, we turn our attention to Latin America as we hear from Ludmilla Buteau Allien (Bank of the Republic of Haiti) and Dr Adolfo Sarmiento (Central Bank of Uruguay)