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John Kiff

Egypt aims to launch digital currency by 2030 - 0 views

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    Reportedly, according to a study by the Information and Decision Support Center of the Egyptian Council of Ministers, the Central Bank of Egypt will issue a digital pound (E-Pound) by 2030. The aim is to enhance the competitiveness of the national currency and increase the efficiency of monetary policy, and exploit opportunities provided by digital transformation to further develop the Egyptian financial sector.
John Kiff

CBE authorises 28 banks to provide mobile payment services in Egypt - 0 views

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    The Central Bank of Egypt (CBE) has authorised 28 banks operating in the Egyptian market to provide mobile payment services, according to the CBE's Governor Tarek Amer.
John Kiff

Egypt: Central Bank's Draft Law Requires Licenses for Crypto-Related Activities - 1 views

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    A new banking law drafted for the Central Bank of Egypt (CBE) would make it mandatory to obtain licenses in advance of creating, advertising or operating platforms for issuing or trading cryptocurrencies.
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