Central Banking

Uruguay launches digital currency pilot

blockchain concept

The Central Bank of Uruguay has launched its digital currency pilot, transferring 20 million pesos onto the blockchain network.

In September, governor Mario Bergara announced provisional details of the project which would be accessible via mobile wallets.

The central bank has now revealed 10,000 users will be involved in the pilot, which will last six months. All testers must use the state-owned telecommunications provider Antel.

Users will be able to download an app, which is linked to the

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