Status : Research
Usecase : Undecided
In 2021, the Czech National Bank Board members discussed the benefits and challenges of a Central Bank Digital Currency (CBDC) in an interview. They announced the establishment of an internal working group to evaluate global CBDC projects and determine the necessity of a domestic retail CBDC. However, in April 2022, the Bank stated in a BIS paper that it would focus on upgrading the existing payments infrastructure rather than developing a CBDC. The sources for this information include the Czech National Bank, Atlantic Council Research, and coindesk.com.
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