'[The] e-cedi will not supplant already existing platforms, but rather enhance Mobile Money services, making it more vibrant and efficient,' Clarence Blay said. ecedi cbdc digitalcurrency
The Bank of Ghana has said the expected implementation of the central bank digital currency will not disrupt or negatively impact the operations of mobile money operators. Rather, the central bank expects the digital currency to improve the efficiency of Ghana’s settlement systems as well as to “fast-track cross border trade.
For the central bank, one of the critical principle[s] guiding the roll-out of the e-cedi is to complement already existing mobile money operations. [The] e-cedi will not supplant already existing platforms, but rather enhance mobile money services, making it more vibrant and efficient.
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