South African Reserve Bank completes technical PoC for implementing its CBDC

Reserve Bank of South Africa urges crypto should not be cut-off

The South African Reserve Bank (SARB) has completed a technical proof-of-concept (PoC) initiative, further work would be taken to study the findings from the project and then used to establish its central bank digital currency (CBDC). Project Khokha 2 (PK2) is the follow-up to SARB’s Project Khokha (PK1), which was launched in 2018. It used […]