Bolivian central bank aims to present a study on the viability of a CBDC (BCB)
At the Eighteenth Meeting of Bolivian Economists (18EEB) “Advances and Challenges of the Digital Economy” Banco Central de Bolivia (BCB) President Edwin Rojas Ulo announced that the central bank is conducting a feasibility study of the possibility of issuing a central bank digital currency (CBDC). The project will begin with the publication of an “Initial Diagnosis” consultative paper in August 2025. The President made it clear that the intent is not seek to replace cash or abruptly disrupt the national financial structure, but to “pave the way for responsible, inclusive, and sustainable innovation that strengthens our payment system and extends the benefits of digital money to the entire population.” [Read more at the BCB]
Bank of Japan Digital Yen Project Update (Ledger Insights)
The Bank of Japan (BoJ) published a progress report on its digital yen program, which involves seven working groups and 64 private companies through its central bank digital currency (CBDC) Forum. Unfortunately, only the Japanese version is currently available. The working groups are tackling different aspects of digital currency development through both technical implementation and theoretical research. [Read more at the BoJ here, here and here]
Upcoming Speaking Engagements:
The CB+DC Conference (Nassau, Bahamas, September 9-11) is a premier gathering centered on CBDCs, tokenized assets, and stablecoins. It provides a forum for central bankers, commercial bankers, technology innovators, policymakers, and academics to explore the latest advancements in digital currency, engage with experts and peers, and discuss the future of digital currency. [Register here but before you do, email me at john@kiffmeister.com for a 15% discount]
And just a reminder that I produce a monthly digest of central bank digital currency (CBDC) developments exclusively for the official sector. So (only) if you work at a central bank, ministry of finance or international financial institution (e.g., the BIS, IMF, OECD, World Bank) and who would like to receive it by email on the first business day of every month, please DM me on LinkedIn or email me at john@kiffmeister.com.
