CBDCs are useful but are not an immediate priority — SARB The bank sees no need to deploy a retail CBDC anytime soon, but it will explore wholesale options.
South Africa’s Discovery Bank to support crypto transactions with Luno integration Users can track crypto and fiat balances on one platform and seamlessly move funds between their Luno wallets and fiat accounts.
CBDCs are useful but are not an immediate priority — SARB The bank sees no need to deploy a retail CBDC anytime soon, but it will explore wholesale options.
Bank of Ghana warns against Yellow Pay, Yellow Card responds BoG claims Yellow Pay is offering digital payment services, crypto trading, and stablecoin-based remittances without proper licensing.
Nigeria, South Africa and two other African countries exit FATF’s grey list According the IMF, these countries have lost significant sums of money as a result of being grey listed by the FATF
Pan-African bank Absa wants to digitize trade finance with blockchain The bank will be able to adopt a digital process for issuing letters of credit