Council Urges Bank of Central African Nations to Introduce Popular Digital Currency: Cointelegraph Report

Council urges Bank of Central African States to introduce popular digital currency: Report

The Bank of Central African Nations, or Banque des États de l’Afrique, serving Cameroon, Central African Republic, Chad, Equatorial Guinea, Gabon and the Republic of the Congo, may be closer to issuing digital currency. central bank digital. at the urging of its board of directors.

According to a Friday report from Bloomberg, the board of send an email calling on the regional bank to introduce a digital currency in an effort to modernize its payment structure and promote financial inclusion in the region. Central African Republic, or CAR, pass the law pass (BTC) is a legal tender in the country in April, but is not recognized central bank digital currencyor CBDCs.