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Head of African Regional Central Bank Calls for Creation of Digital Currency – Emerging Markets Bitcoin News

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by COINS NEWS 134 Views

tldr; The head of the Bank of Central African States (BCAS), Herve Ndoba, has urged the regional central bank's board to introduce a common digital currency for its six member states. The envisioned digital currency will ostensibly help modernize the region’s payment structure and promote financial inclusion. The BCAS also wants to establish a common legal framework for regulating cryptocurrencies.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.


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