Mexico’s Rodríguez says CBDC project will take another year

The Bank of Mexico
Daniel Hinge

Bank of Mexico governor Victoria Rodríguez told the Senate that the country can expect a retail central bank digital currency (CBDC) by 2025. Previously the government had said via Twitter that it was planning on a rollout in 2024.

Economists such as Markus Brunnermeier have championed CBDCs as a way for nations to maintain monetary sovereignty in the digital age, while Steve Kamin recently said CBDC could help boost efficiency and inclusion.

Rodríguez similarly emphasised CBDCs’ ability to

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