Bank of Ghana partners G+D for general purpose CBDC

GHANA – The Bank of Ghana has partnered with Giesecke+Devrient (G+D) to pilot a general purpose Central Bank Digital Currency (retail CBDC) in Ghana, West Africa. G+D is providing the technology and developing the solution, adapted to Ghana’s requirements, which will be tested in a trial phase with banks, payment service providers, merchants, consumers and other relevant stakeholders. The Bank of Ghana, to this end, has signed an agreement with G+D to implement a pilot CBDC project as a precursor to issuance of a digital form of the national currency,…

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