Tanzania calls for a clearer global consensus on Central Bank Digital Currencies (CBDCs) and crypto assets as the country continues to contemplate the direction to take on the rapidly evolving concepts. PHOTO | FILE
Tanzania's top financial sector officials on Tuesday called for a clearer global consensus on Central Bank Digital Currencies (CBDCs) and crypto assets as the country continues to contemplate the direction to take on the rapidly evolving concepts.
Finance and Planning Minister Mwigulu Nchemba told a regional conference hosted by the Bank of Tanzania and International Monetary Fund that both topics needed more "thorough discussions" before the country could make commitments, a view that was echoed by Bank of Tanzania governor Prof Florens Luoga.