Peru’s Central Bank To Develop a Digital Currency

Peru's Central Bank To Develop a Digital Currency

Like other economies across the world, the Peruvian central bank, Peru’s Central Bank, seeks to build a central bank digital currency (CBDC). Julio Velarde, the company’s president, announced that the currency would be largely used for payments. Due to the current market instability, Velarde agreed that now was not the best time to debut the […]