Sarb conducting feasibility study for retail CBDC

Sarb HQ
The Sarb HQ
Elske Photography

The South African Reserve Bank (Sarb) has become the latest central bank to launch a feasibility study on issuing a digital currency.

The Sarb said it would explore an electronic form of legal tender for retail use, which could act as a complement to cash. “The objective of the feasibility study is to consider how the issuance of a general-purpose CBDC will feed into the Sarb’s policy position and mandate,” the central bank said in a statement on May 26.

The study will include “practical

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