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Trinidad and Tobago CBDC

Research

Trinidad and Tobago

Central Bank(s)

Central Bank of Trinidad and Tobago

Announcement Year

2021

Status

Research

Retail/Wholesale

Retail

Main motivation/goals of the CBDC

Focus is on improving the payments system, by promoting more widespread, safe and efficient electronic financial transactions.

Description

While the Central Bank of Trinidad and Tobago welcomes financial technology developments and believes that they can improve financial stability; as of November 2018, the bank does not view the development of a digital currency as a priority.

Link to announcement

Timeline

Last update: March 2022

March 2022

Added data

Main motivation/goals of the CBDC: Focus is on improving the payments system, by promoting more widespread, safe and efficient electronic financial transactions.

Updated data

Link to announcement: trinidadexpress.com

March 2021

Status updated

Cancelled Research

Updated data

Announcement Year: 2020 2021

Retail/Wholesale: Retail, Wholesale Retail

Link to announcement: central-bank.org.tt

November 2020

Status updated

None Cancelled

Added data

Announcement Year: 2020

Retail/Wholesale: Retail, Wholesale

Description: While the Central Bank of Trinidad and Tobago welcomes financial technology developments and believes that they can improve financial stability; as of November 2018, the bank does not view the development of a digital currency as a priority.

Link to announcement: www.central-bank.org.tt

Country / Region: Trinidad and Tobago

Central Bank(s): Central Bank of Trinidad and Tobago

News

No recent news found for this currency.