Uganda to Pilot CBDC Backed by Treasury Bonds and Mobile Access

World Settlement Community (GSN) has partnered with Diacente Group to launch a $5.5 billion tokenized financial system in Uganda’s Karamoja area. The initiative contains piloting Uganda’s first central financial institution digital foreign money (CBDC), backed by treasury bonds and accessible by way of cellular units. Constructed on GSN’s blockchain, the challenge will digitize key sectors like agriculture, mining, and vitality, […]



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