Blockchain for Banking News

Tunisia issues central bank digital currency

Tunisia currency
Today, the TASS news agency reported that the Central Bank of Tunisia is to be the first to release a digital currency. The ‘E-dinar’ was officially launched in test form at the Forex Club of Tunisia, with a symbolic transfer of one dinar between the head of the central bank, Marouane El Abassi, and a representative of the International Monetary Fund (IMF). Update: Ledger Insights contacted the bank on the date of publication by phone and email but received no definitive response. Four days after publication, the Central Bank of Tunisia refuted that the e-dinar was an official test launch and stated that a Central Bank Digital Currency was only at the consideration stage. Technology partner Universa, also responded to the news.
First live CBDC?
The tech provider and underlying blockchain platform, Russia-based Universa, claims that this means Tunisia is the first country to issue a central bank digital currency (CBDC). Indeed, it is the first to announce that some of its capital has been converted to electronic form. In contrast, the Venezuelan Petro is considered by many as a cryptocurrency.

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