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Bank of Ghana Unveils Plans for CBDC Pilot Test by September

Bank of Ghana Unveils Plans for CBDC Pilot Test by September
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Bank Of Ghana To Begin Digital Cedi Pilot In September

  The Bank of Ghana (BoG) will begin a pilot of the digital cedi in a sandbox environment in September, the First Deputy Governor of the BoG, Dr Maxwell Opoku-Afari, has said. Speaking after the opening session of a two-day training for Journalists for Business Advocacy on Understanding Monetary Policy in a Post-Pandemic Era, the First Deputy Governor said the digital cedi was important to deepening digital transactions in the economy. “Digital Currency is part of the central bank acknowledging the need for digital payment and digital delivery of financial services. By this, the Bank of Ghana will provide a platform on which we can add more value to digital transactions,” Dr Opoku-Afari said.

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