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Rwanda to start the central bank digital currency (CBDC) pilot

The Central bank of Rwanda call the public consultation on the future Central Bank Digital Currency (CBDC) pilot

The Central Bank of Rwanda has initiated a public consultation regarding the future pilot of the Central Bank Digital Currency (CBDC). Through an online questionnaire accessible on their official website, the Central Bank is seeking input from all stakeholders.

The launch of Rwanda’s CBDC may experience accelerated progress following the government’s commitment to enhancing the country’s financial system, particularly concerning e-commerce, online payment systems, and related features.

The latest report from the Bank for International Settlements (BIS) highlights global trends towards CBDC implementation, underscoring the importance of the initiative. The BIS Innovation Center is closely monitoring developments in CBDC implementation and the necessary coordination efforts.

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