Sarb unveils new fintech push

south-africa-reserve-bank-sarb-hq-pretoria-3
Elske Photography

The South African Reserve Bank is looking into whether distributed ledger technology could be used for clearing and settlement, as part of a wider fintech initiative.

On February 13, South Africa’s central bank outlined a roadmap for its fintech programme, which will see it embark on several new projects this year.

Among them is Project Khokha, in which Sarb will explore whether DLT can be used to replicate interbank clearing and settlement.

“The aim of this project is to gain a practical

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: