IMF Releases Guidelines for Boosting CBDC Adoption with REDI Framework

IMF Releases Guidelines for Boosting CBDC Adoption with REDI Framework
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It proposed a high-level framework REDI—regulation, education, design, and deployment.
The REDI framework was prepared by staff members of the International Monetary Fund.
Policymakers and financial institutions may find guidance on how to boost the use of central bank digital currencies (CBDCs) in a new guide issued by the International Monetary Fund (IMF).
September 21 saw the release of a report titled “Central Bank Digital Currency Adoption Inclusive Strategies for Intermediaries and Users” by the International Monetary Fund. Both intermediaries and end-users should be included in the methods that are put forward in the paper. It proposed a high-level framework for REDI—regulation, education, design, and deployment—to encourage the use of CBDCs.
Prioritizing Engaging Stakeholders
The International Monetary Fund has said that in order to successfully implement CBDCs, proactive strategic policy and design decisions that are beneficial to both end-users and inte

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