IMF gives recommendations to Jordan for rCBDC implementation

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IMF gives recommendations to Jordan for rCBDC implementation
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With the completion of an IMF report on Jordanian markets, Jordan is one step closer to launching a retail CBDC. The IMF warned Jordanians to avoid disintermediation in the financial system. With the completion of an International Monetary Fund technical report on Jordan’s markets, the Central Bank of Jordan is one step closer to launching […]

With the completion of an IMF report on Jordanian markets, Jordan is one step closer to launching a retail CBDC.With the completion of an International Monetary Fundon Jordan’s markets, the Central Bank of Jordan is one step closer to launching a retail central bank digital currency .

According to the report, two non-bank payment service providers have generally accessible and appropriate products, and the country has high smartphone penetration.

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