shutterstock 1744697363 768x432 VCFkit

Fintechs Invited to Work on Georgia’s Central Bank Digital Currency

National Bank of Georgia (NBG) has issued a call for companies in the fintech sector, financial institutions and technology firms to support its efforts to create a digital currency. Georgia’s central bank wants to employ new technologies to raise the efficiency of the country’s payment system and promote financial inclusion.
Georgia’s Central Bank Mulling Digital GEL
NBG is now inviting companies from innovative industries as well as interested financial institutions to join a public-private partnership tasked to facilitate the adoption of a central bank digital currency (CBDC). The bank is considering launching the digital version of the national fiat, Georgian lari (GEL), as a publicly available coin that will have legal tender status.
The digital GEL can be used to settle payments or as a store of value, the National Bank of Georgia explained in an announcement published on its website. But what its management really hopes to achieve with the currency is to “unlock the tre

Czytaj więcej


Dodaj komentarz

Podobne Wpisy