SAY GOODBYE TO ZA RETAIL CBDC FOR NOW! đżđŠ
South Africa's central bank is pumping the brakes on a retail CBDC, saying it's not a top priority right now. Instead, theyâre all about upgrading the current payment systems â think faster, slicker transactions for everyone! Theyâre also eyeing wholesale digital uses and better cross-border payments. Crypto like $BTC and even stablecoins are still on their watch list for potential risks, but this move means more focus on core infrastructure. What do you think this means for ZAR?
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