Mexico’s Rodríguez says CBDC project will take another year
New estimate would have the Bank of Mexico’s digital currency arriving in 2025
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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