Tanzania opts for ‘cautious’ approach in its CBDC development
Bank of Tanzania stated that while CBDCs offer myriad benefits, there are still major pitfalls that could adversely affect the local economy.
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Tanzania central bank wants to develop own digital currency
The Bank of Tanzania is looking to expand its digital currency research and development team capacity, following the footsteps of Nigeria’s e-Naira, according to central bank Governor Florens Luoga.