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East African Payment System

Members of East Africa Community Explore Potential Use of CBDC for Alternative Regional Payment System

Members of East Africa Community Explore Potential Use of CBDC for Alternative Regional Payment SystemSix East African states are reportedly set to explore the possibility of using central bank digital currencies (CBDC) as an alternative to their shared payment system. The six countries, which are all members of the East Africa Community (EAC) trading bloc, are hoping this alternative will create a pathway that leads to the attainment of […]

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