July 18, 2024

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Ethiopia Approves CBDC Launch Draft Proclamation

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Ethiopia Approves CBDC Launch Draft Proclamation
Ethiopia Approves CBDC Launch Draft ProclamationThe Ethiopian Council of Ministers recently approved a draft proclamation that paves the way for the launch of a central bank digital currency (CBDC). The National Bank of Ethiopia (NBE) stated that the draft considers rapid technological advancements and draws from the experiences of fellow central banks. Proclamation Grants Ethiopian Central Bank Authority to Launch […]