A digital rand? Reserve Bank is considering launching its own digital currency
A digital rand? Reserve Bank is considering launching its own digital currency 25 May 2021 7:53 PM Share This: The Reserve Bank is investigating the feasibility of a CBDC. Crypto expert Simon Dingle discusses the implications. The South African Reserve Bank is considering launching its own digital currency. It's embarked on a study to investigate "the feasibility, desirability and appropriateness" of a central bank digital currency (CBDC) as electronic legal tender, for general-purpose retail use. Are South Africans not digital already, considering the amount of banking transactions we do onl...