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Kenya CBDC

Cancelled

Kenya

Central Bank(s)

Central Bank of Kenya

Announcement Year

2018

Status

Cancelled

Retail/Wholesale

Retail

Main motivation/goals of the CBDC

The bank is looking at how a CBDC can help it to achieve its mandates which include stabilizing the Kenyan economy, widen financial inclusion and financial integrity. They see no immediate need for a launch but will continue monitoring the CBCD landscape.

Description

The bank is looking at how a CBDC can help it to achieve its mandates which include stabilizing the Kenyan economy.

Link to announcement

Link to whitepaper

Timeline

Last update: June 2023

June 2023

Status updated

Research Cancelled

Updated data

Main motivation/goals of the CBDC: Financial Stability, Integrity, Inclusion The bank is looking at how a CBDC can help it to achieve its mandates which include stabilizing the Kenyan economy, widen financial inclusion and financial integrity. They see no immediate need for a launch but will continue monitoring the CBCD landscape.

Link to announcement: www.centralbank.go.ke

February 2022

Added data

Link to whitepaper: centralbank.go.ke

Updated data

Main motivation/goals of the CBDC: The bank is looking at how a CBDC can help it to achieve its mandates which include stabilizing the Kenyan economy. Financial Stability, Integrity, Inclusion

October 2020

Updated data

Retail/Wholesale: Retail, Wholesale Retail

Link to announcement: www.youtube.com

July 2018

Status updated

None Research

Added data

Announcement Year: 2018

Retail/Wholesale: Retail, Wholesale

Description: The bank is looking at how a CBDC can help it to achieve its mandates which include stabilizing the Kenyan economy.

Main motivation/goals of the CBDC: The bank is looking at how a CBDC can help it to achieve its mandates which include stabilizing the Kenyan economy.

Link to announcement: coingeek.com

Country / Region: Kenya

Central Bank(s): Central Bank of Kenya

News

No recent news found for this currency.