The global lender said it does not encourage nor discourage the issuing of CBDCs.
Officials from Tanzania’s financial sector have called for a clearer global consensus on central bank digital currencies and crypto-assets. The officials agreed that more discussions still need to be carried out before a final decision is made.
The event reportedly sought to give finance officials from countries in this region more insights on issues that relate to financial inclusion, cybersecurity as well as the interoperability of CBDCs. According to the report, a similar event targeting Francophone countries is likely to be held later in the year.Meanwhile, Nchemba is quoted in the report revealing the extent of the progress that has been made by the BOT.
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