Rwanda Central Bank Joins CBDC Bandwagon After Announcing Digital Currency Re...

Rwanda Central Bank Joins CBDC Bandwagon After Announcing Digital Currency Re...

The National Bank of Rwanda (NBR) has become the latest African central bank to join the digital currency movement after an employee confirmed the institution is studying the possibilities of issuing its own digital currency. CBDC Implications on Financial Stability According to the employee, John Karamuka, this study will be looking at economic, financial, and technical aspects related to central bank digital currencies (CBDC), as well as “the operationalization model.” The study will also analyze the “implication of the CBDC on monetary policy and financial....


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