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Chile CBDC

Research

Chile

Central Bank(s)

Central Bank of Chile

Announcement Year

2019

Status

Research

Retail/Wholesale

Retail

Main motivation/goals of the CBDC

Improve financial inclusion

Description

In his remarks at an OECD Forum on Block in September 2019, Mario Marcel, Governor of the Central Bank of Chile, described the two initiatives that the central bank are pursuing to address fintech challenges: the Technological Observatory and the TechLab. The use of blockchain in central banking as well as CBDC are among the topics under these initiatives. However, he noted that "CBDC does not necessarily need blockchain." The central bank is also exploring the feasibility of blockchain-based bonds, with a proof-of-concept ongoing.

Link to announcement

www.bcentral.cl
Timeline

Last update: August 2025

August 2025

Updated data

Link to announcement: www.bcentral.cl

March 2024

Updated data

Link to announcement: www.bcentral.cl

July 2022

Updated data

Link to announcement: www.bcentral.cl

September 2021

Updated data

Link to announcement: www.bcentral.clwww.coindesk.com

September 2019

Status updated

None Research

Added data

Announcement Year: 2019

Retail/Wholesale: Retail

Description: In his remarks at an OECD Forum on Block in September 2019, Mario Marcel, Governor of the Central Bank of Chile, described the two initiatives that the central bank are pursuing to address fintech challenges: the Technological Observatory and the TechLab. The use of blockchain in central banking as well as CBDC are among the topics under these initiatives. However, he noted that "CBDC does not necessarily need blockchain." The central bank is also exploring the feasibility of blockchain-based bonds, with a proof-of-concept ongoing.

Main motivation/goals of the CBDC: Improve financial inclusion

Link to announcement: www.bis.org

Country / Region: Chile

Central Bank(s): Central Bank of Chile

News