RBZ finalizes P2P platform for gold-backed CBDC
The move is aimed at reducing the demand for US dollars and providing an alternative currency and store of value.
CBDC
IMF presents CBDC system to solve cross-border remittance issues
The system will not be built on public blockchain, as it is considered unsafe, costly and energy-consuming.
Morocco's central bank governor calls for caution in dealing with CBDCs
Jouahri emphasized the pressing need to thoroughly examine CBDCs.
CBDC is not a priority, says the Central Bank of Kenya
The bank said Kenya’s payments problems could be solved by other measures besides launching a CBDC.
IMF and other experts caution against Zimbabwe’s adoption of gold-backed CBDC
Experts say public distrust in the Zimbabwean dollar as a store of value could also be transferred to the newly introduced CBDC.
Mauritius plans to pilot a CBDC before the end of 2023
The country’s central bank says it is considering rolling out the digital rupee pilot phase as soon as November — after a sandboxing exercise
CBDCs, like the eNaira, are potentially risky, IMF official says
The IMF MD believes retail CBDCs may result in “unforeseeable” results for central banks.