Rwandan Central Bank Studying Ways of Issuing Digital Currency
People walk through a market in Kayumbu, Rwanda.
Photographer: William Campbell-Corbis via Getty Images
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The Rwandan central bank is looking into ways it could potentially issue its own digital currency to make the processing of transactions more efficient and to boost economic growth.
The National Bank of Rwanda plans to learn from the experiences of central banks such as Canada, Singapore and the Netherlands, which have tested the use of blockchain technology, Financial Stability Director-General Peace Masozera Uwase said in an interview in the capital, Kigali.