The staff of the International Monetary Fund proposed the REDI framework to promote the adoption of CBDC

ChainCatcher news, according to Cointelegraph, the International Monetary Fund (IMF) has released a report titled "Inclusive Strategies for the Adoption of Central Bank Digital Currencies for Intermediaries and Users." The report recommends implementing inclusive strategies for intermediaries and end users. It introduces a high-level framework of Regulation, Education, Design, and Incentives (REDI) to help promote the adoption of CBDCs.

IMF staff stated that the successful adoption of CBDCs requires proactive strategic policies and design choices that benefit end users and intermediaries. Therefore, they urge central banks to focus on stakeholder engagement.

The REDI framework was developed by IMF staff to assist central banks in improving the adoption of CBDCs.