BIS report finds uneven progress, differing motivations in African CBDC adoption

by Aurelia Butler 24 November 2022, 22:40 159 Views

Nineteen African central banks responded to the survey that served as a basis for the report, and all of them stated that they were actively interested in CBDC. Only Nigeria has issued a retail CBDC, the eNaira, meant for public use, while Ghana has a retail CBDC project in the pilot stage, and South Africa is currently running a project for a wholesale CBDC, meant for institutional use.

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Source: Cryptocurrency - investing.com

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BIS report finds uneven progress, differing motivations in African CBDC adoption

IMF calls for tighter crypto regulation in Africa as the industry unfolds

Ethereum developers decided on eight proposals for the Shanghai update

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