Laotian CBDC proof of concept project to launch using system pioneered in Cambodia

by Aurelia Butler 7 February 2023, 21:00 159 Views

According to an explanatory video, the central bank would provide DLak to commercial banks in exchange for fiat currency, and the user would exchange fiat for DLak from the commercial bank. The user would then make purchases from participating sellers using a QR code and an app.

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Source: Cryptocurrency - investing.com

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Laotian CBDC proof of concept project to launch using system pioneered in Cambodia

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