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South African central bank to study use of digital currency

metro by metro
May 25, 2021
in cnbc, Uncategorized
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JOHANNESBURG, May 25 (Reuters) – The South African Reserve Bank (SARB) is studying the benefits of issuing a digital currency for general retail purposes, it said on Tuesday, in line with several other central banks. A central bank digital currency, or CBDC, is a form of electronic cash linked to the sovereign currency on a […]

The post South African central bank to study use of digital currency appeared first on CNBC Africa.

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CNBC AFRICA

The post South African central bank to study use of digital currency appeared first on African Media Agency.

Source : African Media Agency (AMA)

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