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Uganda CBDC

Research

Uganda

Central Bank(s)

Bank of Uganda

Announcement Year

2022

Status

Research

Retail/Wholesale

Retail

DLT / non-DLT

DLT

Main motivation/goals of the CBDC

Exploring legal options for future amendments in financial laws that will facilitate circulation of digital currency denominations.

Description

Uganda is considering a Central Bank Digital Currency (CBDC) in a move that has drawn policy attention to the large investments required for a successful trading ecosystem and crucial mileage offered by digital payments systems such as mobile money services and internet banking.

Link to announcement

Timeline

Last update: May 2026

May 2026

Updated data

Link to announcement: web.archive.org

March 2026

Updated data

Link to announcement: www.bou.or.ug

June 2025

Updated data

Link to announcement: www.bou.or.ug

September 2024

Updated data

Retail/Wholesale: Retail, Wholesale Retail

Link to announcement: www.bou.or.ug

February 2022

Status updated

None Research

Added data

Announcement Year: 2022

Retail/Wholesale: Retail, Wholesale

Description: Uganda is considering a Central Bank Digital Currency (CBDC) in a move that has drawn policy attention to the large investments required for a successful trading ecosystem and crucial mileage offered by digital payments systems such as mobile money services and internet banking.

DLT / non-DLT: DLT

Main motivation/goals of the CBDC: Exploring legal options for future amendments in financial laws that will facilitate circulation of digital currency denominations.

Link to announcement: www.theeastafrican.co.ketwitter.com

Country / Region: Uganda

Central Bank(s): Bank of Uganda

News

No recent news found for this currency.