Ghana to launch CBDC, the eCedi in 2025 — Report
This follows a two-year delay despite a successful pilot program.
CBDC
Naira-backed stablecoin cNGN debuts on local exchanges
As stated on its website, only licensed users can purchase cNGN directly from the platform, while others can access it through cryptocurrency exchanges like Busha and Quidax.
Four reasons Ghana is developing the eCedi CBDC
With the eCedi CBDC, the Bank of Ghana hopes to stay relevant in an increasingly digital world. The CBDC is also created for financial inclusion.
Egypt plans to launch its CBDC in 2030
Presently, the country wants to work on improving its economy and increasing financial inclusion.
Egypt’s journey towards digital pound implementation
Egypt is moving towards joining Nigeria, Kenya, Senegal, and South Africa in implementing CBDCs.
Angola’s parliament passes law to regulate digital assets and crypto-mining
The five-part law protects the country’s monetary policy and energy infrastructure, per an official.
BIS says token-based CBDCs like the eCedi pose counterfeiting and money laundering risks
The Bank of Ghana previously assured that the eCedi would keep with financial regulations while maintaining privacy.