$BTC
The International Monetary Fund released the document "Inclusive Strategy for the Adoption of Central Bank Digital Currency by Intermediaries and Users" on September 21. The document recommends the implementation of an inclusive strategy for intermediaries and end-users, and introduces a high-level framework, the REDI framework, to help promote the adoption of CBDC.
IMF staff said that the successful adoption of CBDC requires active strategic policy and design choices that benefit end-users and intermediaries. Therefore, they urged central banks to focus on stakeholder engagement.
The REDI framework (which stands for Regulation, Education, Design and Deployment, and Incentives) was developed by IMF staff to help central banks improve the adoption of CBDC.
