Rwanda Starts 12‑Month CBDC Pilot After Successful PoC

Published at 2026-03-02 11:45:11

Rwanda's central bank announced a yearlong pilot of its central bank digital currency, building directly on a proof of concept completed in late 2025. The 12‑month trial is designed to validate the currency's technical stability, test real‑world payment flows and evaluate regulatory and operational frameworks before decisions on broader deployment are made.

The pilot matters because results will guide policy on payments efficiency, consumer protection and financial inclusion, and could influence regional cross‑border payment approaches. Stakeholders — including banks, fintechs and payment providers — are expected to participate as the central bank collects data on usability, security and interoperability. Findings from the trial will determine next steps and timelines for any wider adoption.

Central BankFinancial InclusionRwandaCBDCDigital Currency

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Russia will prohibit cash-for-crypto transactions and require trades to go through cashless, bank-mediated channels, a senior central bank official said. The measure is meant to increase oversight of crypto-related flows and clamp down on informal peer-to-peer markets.

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Published at 2026-04-01 10:15:08

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The European Central Bank has set a mid-2026 deadline to finalise EU-wide standards for the digital euro, giving financial service providers time to adapt systems ahead of any issuance decision.

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Bank of Ningbo Seeks Suppliers to Build Digital Yuan Processing System

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