مجلة الدراسات القانونية والاقتصادية
Volume 6, Numéro 1, Pages 108-129
2023-08-31

Central Bank Digital Currency Projects In Mena Region And African Continent



Authors : Abdelouahab Mohammed Zine El Abidine .

Abstract

With the rise of crypto-assets (or private digital currencies) and their potential risks, many countries around the world are actually pursuing projects for the launch of digital central bank currencies. After a presentation of the specificities and technical features of these public digital currencies, as well as central banks' motivations about them and challenges they create, we focus on the study of ongoing projects by the countries of two regions, to which Algeria belongs geographically and with which it shares many similarities, in particular the level of economic development (developing economies), namely the Middle East and North Africa (MENA) region and the African continent. This study could help draw lessons for the success of an Algerian digital currency project, recently announced by the public authorities.

Keywords

Central Bank Digital Currency ; MENA ; Africa ; FinTech ; Payment Systems

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