As of 2021, CBU initiated a preliminary study for a Central Bank Digital Currency (CBDC). The primary objective of this study was to scrutinize the necessary conditions and economic advantages associated with implementing a CBDC. It involved a comprehensive examination of the experiences of other nations that had already introduced or were in the process of introducing CBDCs, such as Russia and Turkey. Additionally, the study aimed to evaluate the technical, personnel, and financial resources that would be essential for the development of a CBDC
There is no further update available in the public domain.
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