South Africa: Reserve Bank position paper on retail central bank digital currency
Progress
Current status
adopted
27 Nov 2025 adopted
Scope
Implementers
South Africa
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Reserve Bank released position paper on retail central bank digital currency
On 27 November 2025, the South African Reserve Bank released its position paper on the necessity of a retail central bank digital currency in South Africa, together with a background note. The bank explained that a retail CBDC is technically feasibl…
SourceEvent type
outline
Action type
adoption
Government branch
executive
Government body
central bank