Central Bank of Costa Rica: Using the Cryptocurrency “Caution and Forgiveness” Attitude.

2021-8-17 10:39
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Costa Rica's Central Bank Governor General Rodrigo Cubero issued a statement titled "Certain Decisions Regarding Digital Securities and Crypto Assets", saying that Banks Company is "cautious and patient" with cryptocurrencies. “We will provide innovative, out-of-the-box solutions to improve the FinTech industry and provide oversight when needed. He also said that anyone wishing to acquire crypto assets is at their own risk, and under current law, financial institutions across the country believe that the use of crypto assets will not be possible. . Cubero also noted that the country has studied the issue of CBDCs and believes that digital advantages are unnecessary. He said Costa Rica has achieved financial integration under the National Electronic Payment System (Sinpe) and provided secure, fast and affordable digital payments. He also said that he has not yet decided on the possibility of building a CBDC in the future and now has a technological platform to develop this financial instrument. (Ai Canada)

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2021-8-17 10:33