WBS Keyvisual 2020 master Green

The SARB’s exploratory journey into retail central bank digital currencies

The South African Reserve Bank has conducted internal research and investigations to understand the case for electronic legal tender - a domestic, general purpose, Central Bank Digital Currency (CBDC) issued and backed by the central bank. The South African Reserve Bank has now further ventured into planning a feasibility project for a central bank digital currency. This presentation will provide further insights into the journey of the SARB in exploring central bank issued digital currencies and the status to date.