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Burkina Faso partners with Palm Promax to launch gold-backed digital currency

Investing.com•Friday, October 24, 2025 at 2:53:19 PM
PositiveFinancial Markets
Burkina Faso partners with Palm Promax to launch gold-backed digital currency
Burkina Faso has teamed up with Palm Promax to introduce a gold-backed digital currency, marking a significant step in the country's financial innovation. This partnership aims to enhance economic stability and provide a secure alternative for transactions, which is crucial for a nation looking to modernize its financial systems. The initiative not only reflects Burkina Faso's commitment to embracing new technologies but also positions it as a potential leader in the digital currency space in Africa.
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