South Africa’s central bank says a retail CBDC is not needed now and is prioritizing payments system upgrades instead.
CBDCs and Stablecoins can co-exist through interconnected systems, held together by standards and trust frameworks.
The South African Reserve Bank has concluded there is no urgent need for a retail central bank digital currency ...
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South Africa central bank deprioritises retail CBDC as national payment reforms take priority
The South African Reserve Bank (SARB) has issued a new position paper assessing the feasibility of a retail central bank digital currency, concluding that South Africa does not currently have a strong ...
The global financial landscape is rapidly transforming with the development of Central Bank Digital Currencies (CBDCs). As of ...
The South African Reserve Bank says it doesn’t see a need for a central bank digital currency in the near term, instead ...
The Bank for International Settlements, the umbrella body for central banks, on Tuesday named a new head of its Innovation ...
June’s draft regulation for the digital euro would give legal backing to this demand. Phonemakers will be required to give ...
The UAE has enacted a federal financial decree bringing crypto and blockchain under traditional regulatory oversight by the ...
Crypto didn’t begin as a polished idea. It started as frustration, rebellion, and the belief that technology could do a better job than the people running traditional finance. That origin story ...
The division will oversee development across several fast-expanding categories, including tokenized deposits, digital currency custody, and new blockchain-based payment solutions.
For the average person, understanding how a CBDC could impact the Bitcoin price USD may reveal why governments choose to ...
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