Global Settlement Network (GSN) has partnered with Diacente Group to launch a $5.5 billion tokenized economy in the Karamoja region of Uganda. The initiative includes piloting Uganda’s first central bank digital currency (CBDC), backed by treasury bills and accessible via mobile devices. Built on the GSN blockchain, the project will digitize key sectors such as agriculture, mining and energy, (…)
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Uganda to Pilot CBDC Backed by Treasury Bonds and Mobile Access
