Status : Research
Usecase : Undecided
The National Bank of Rwanda (BNR) is currently researching the status of Central Bank Digital Currencies (CBDCs). The research, which began in June 2021, is expected to conclude by December 2022, with future policy decisions being made public at that time. The motivations behind this research include creating a foundation for increased innovation and improving the efficiency of the Rwandan financial system. The BNR is working with various sources, including the National Bank of Rwanda, Atlantic Council Research, coindesk.com, and bloomberg.com, to gather information and insights on CBDCs. The specific properties, use cases, architecture, technology, infrastructure, access, technology partnerships, crossborder projects, and timeline for implementation of CBDCs in Rwanda are currently undecided.
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