G+D to Assist Central Bank of Mauritania in CBDC Design

German security technology group Giesecke+Devrient (G+D) is partnering with the Central Bank of Mauritania to explore the design and development of a central bank digital currency (CBDC) dubbed ‘digital Ouguiya.’ The partners signed a deal during the World Bank Group’s Spring Meetings held this month in Washington. The collaboration focuses mainly on the potential advantages of a digital Mauritanian Ouguiya for the nation’s economy and society. G+D has conducted research into CBDC adoption for several jurisdictions including Brazil, Ghana and Eswatini. For instance, G+D’s CBDC pilot with the Bank of Ghana proved a successful integration of financial intermediaries.

Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!

iOS: https://links.hashd.co/ios

Android: https://links.hashd.co/android