Zambia’s Central Bank to Explore CBDC Following Crypto Warning: Report

This has a strong echo of the rhetoric of the central bank in Zambia's neighbor to the south, Zimbabwe. “As a central bank we don't believe in cryptocurrencies,” Reserve Bank of Zimbabwe Governor John Mangudya said in December. Zimbabwe is also exploring the development of a CBDC and plans to send a team to research the experience of Nigeria, where one was launched in October.

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