Uganda launches CBDC pilot as Kenya’s crypto bill passes final hurdle
PositiveCryptocurrency

Uganda has officially launched a pilot for its Central Bank Digital Currency (CBDC), which is a digital version of the Ugandan shilling. This initiative is significant as it operates on a permissioned blockchain and is supported by Ugandan treasury bonds, marking a step forward in the country's financial innovation. Meanwhile, Kenya has also made strides in the crypto space by passing a crucial bill, indicating a growing acceptance and regulatory framework for digital currencies in the region.
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