Peru: Central Bank Digital Currency Stakeholder Engagement
November 3, 2023
Summary
An IMF mission visited Peru in June 2023. This mission was the third engagement with the Central Bank of Peru (BCRP) aimed at enhancing staff capacity for engaging directly with key stakeholders on strategic and policy matters regarding Central Bank Digital Currency (CBDC). Building from ongoing virtual support, the mission initially assisted the BCRP to deliver a CBDC white paper, and a survey to gauge the reactions to a proposed CBDC. Also, the mission delivered an operating manual for guidance when considering innovation challenges as potential modalities for CBDC concept development. Off the back of the publication of the white paper, and on request of the BCRP, a physical mission worked with the BCRP to host an inaugural industry-wide stakeholder engagement on CBDC between June 19 and June 23, 2023. This strategic engagement marked a significant milestone for the BCRP, facilitating a candid assessment of stakeholder support for CBDC. Nine recommendations along three strategic themes surfaced from the robust and dynamic interactions.
Subject: International organization, Monetary policy
Keywords: Central Bank, Central Bank Digital Currency (CBDC), Cross-border Payments, Digital Money, Payments System, Securities Settlement, Wholesale Payments
Pages:
4
Volume:
2023
DOI:
Issue:
016
Series:
High Level Summary Technical Assistance Report No. 2023/016
Stock No:
HLSEA2023016
ISBN:
9798400259197
ISSN:
2959-4103






