Tag: digital currency

A well-designed central bank digital currency (CBDC) like Ghana's eCedi may enhance rather than weaken financial stability, according to a working paper from the...

Tanzania is edging closer to introducing a central bank digital currency (CBDC) to help counter the rising popularity of cryptocurrencies in the East African...

Mark Zuckerberg's Meta Platforms is readying plans to introduce virtual tokens and cryptocurrencies to its family of apps with an aim to use such...

The Bank of Ghana is urging all Ghanaians to support the piloting of Ghana's yet to be launched central bank digital currency, the eCedi...

Binance has introduced a US$1Billion Secure Asset Funds for Users (SAFU) Holdings, an emergency fund set aside to protect users’ assets in cases of...

The Eastern Caribbean Central Bank (ECCB) has been forced to pull the switch on its digital dollar project DCash to deal with 'technical issues',...

eNaira, the digital currency issued by the Central Bank of Nigeria (CBN), has had 694,000 downloads in the 95 days since it was launched.This...

Contrary to assertions that Ghana's yet to be launched digital currency, eCedi will bring competition to mobile money, a reliable source at the Bank...

Bank of Ghana has signed a partnership agreement with German IT giant,  Giesecke+Devrient (G+D) to pilot Africa’s first general-purpose Central Bank Digital Currency (CBDC)...

The First Deputy Governor of Bank of Ghana (BoG), Dr. Maxwell Opoku-Afari has said the central bank is in the advanced stages of piloting...