South Africa: Reserve Bank released position paper on retail central bank digital currency
Description
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…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central bank