IMF Issues Guidance for Inclusive CBDC Adoption

The International Monetary Fund (IMF) released a document on September 21st titled "Inclusive Strategies for Central Bank Digital Currency Adoption: Intermediaries and Users." This document suggests implementing inclusive strategies targeting intermediaries and end-users. It introduces a new framework called REDI, aimed at driving CBDC adoption.

IMF staff emphasize that successful CBDC implementation requires proactive policy and design choices that benefit end-users and intermediaries. They urge central banks to prioritize stakeholder engagement.

The REDI framework, standing for Regulation, Education, Design and Deployment, and Incentives, was developed by IMF staff to assist central banks in enhancing CBDC adoption.