The Central Financial institution of Kenya has obtained feedback on a dialogue paper on the potential issuance of a digital shilling and has not reached a last conclusion.
June 2 posted by the Central Financial institution of Kenya on Twitter mentioned it obtained greater than 100 feedback from members of the general public, industrial banks, know-how firms and different contributors in 9 international locations concerning the issuance of a central financial institution digital foreign money, or CBDC. Responses assorted of their emphasis on potential advantages and dangers, however the central financial institution mentioned it will “proceed to watch developments” and take a “measured strategy” to assessing future implementation of the digital shilling.
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