Rwanda: What to Know As Rwanda Explores Digital Currency

Rwanda: What to Know As Rwanda Explores Digital Currency

The National Bank of Rwanda (BNR) is exploring the development of a Central Bank Digital Currency (CBDC) - a digital version of the Rwandan franc (e-Franc-Rwandais).

What to know as Rwanda explores digital currency

The National Bank of Rwanda (BNR) is exploring the development of a Central Bank Digital Currency (CBDC) – a digital version of the Rwandan franc (e-Franc-Rwandais). On August 1, BNR launched a retail CBDC ideathon, inviting individuals, fintechs, startups, and innovators to contribute ideas that could shape Rwanda’s digital currency future. ALSO READ: Central bank invites innovators to try Rwanda’s upcoming digital currencyashless economy, by T…