Eswatini outlines design principles of retail CBDC in new paper

Quick Summary:

The Eswatini central bank released a design paper on its CBDC—the digital lilangeni—which it says will boost financial inclusion among its 1.2 million citizens.

The post Eswatini outlines design principles of retail CBDC in new paper appeared first on CoinGeek.

Despite the elaborate design recommendations, the bank clarified that it has not yet decided to issue a CBDC.

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Article Details

Author / Journalist: Steve Kaaru

Category: Crypto

Markets: CanadaUnited States

Topics: Central Bank Digital Currency Africa Business Giesecke+Devrient

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-18 @ 05:00:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 600 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 23114993

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