Bank of Tanzania ‘working on CBDC’, governor says

bank-of-tanzania

The Bank of Tanzania “has already begun preparations to have its own” central bank digital currency (CBDC), governor Florens Luoga said on November 25.

Luoga said the central bank had to “ensure that our country is not left behind in the adoption of central bank digital currencies”, several media outlets reported.

The central bank’s Twitter feed quotes Luoga as telling a financial conference that “we cannot give timelines when to issue regulations”, as the central bank is “still researching”

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: