Bank of Central African States Urged to Introduce Common Digital Currency: Report

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Bank of Central African States Urged to Introduce Common Digital Currency: Report
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The Bank of Central African States has been urged by its board to modernize payment structures by introducing a common digital currency across the six countries it serves. Reporting by oknightcrypto.

's board sent an email to the bank in which it detailed how the use of a common digital currency would modernize payment structures and promote regional financial inclusion.

launched a central bank digital currencyThe Bank of Central African States serves as the central bank for Economic and Monetary Community of Central Africa member states Cameroon, Gabon, Chad, the Republic of Congo, Equatorial Guinea and the Central African Republic.

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