SARB Confirms South Africa Not Ready for Retail CBDC, Here’s Why

While dozens of countries rush to launch their own CBDCs, the South African Reserve Bank (SARB) says the nation doesn’t need one right now. The central bank argues that a digital currency won’t fix the country’s biggest financial struggles, especially when many people still lack bank access. This unexpected move now raises a big question: … source: https://coinpedia.org/news/sarb-confirms-south-africa-not-ready-for-retail-cbdc-heres-why/