Kenya’s central bank opened discussions on issuing a central bank digital currency, outlining the potential risks involved such as competition with bank deposits.
Thank you for this. I see the Kenyan money discussion is influential in global discussions. Isn’t MPESA a digital currency, just not owned by government? Is CBDC in Kenya equivalent of Government owned and operated MPESA?
Thank you for this. I see the Kenyan money discussion is influential in global discussions. Isn’t MPESA a digital currency, just not owned by government? Is CBDC in Kenya equivalent of Government owned and operated MPESA?