Integrating the metaverse into Mauritius’ financial sector can birth new financial innovations, the Financial Service Commission wrote.
The bank governor added that the bank has an open mind towards new technologies.
The eVerify service will be used in the education, health care, production, and legal sectors of the country.
Overall, Sub-Saharan Africa received $117.1 billion in crypto value between July 2022 and June 2023, according to data from blockchain analytics firm Chainalysis.
The kit provides the tools to develop and test new CBDC-based products and services.
Nigeria is still the only country in Africa to have launched a CBDC while others are cautiously progressing.
The country’s central bank says it is considering rolling out the digital rupee pilot phase as soon as November — after a sandboxing exercise