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Tunisia first country to launch a central bank digital currency

  • Tunisia has released its own digital currency issued by the central bank.
  • The E-dinar is the first central bank digital currency (CBDC) to be launched. 

Tunisia has announced the launch of its digital currency, the ‘E-dinar.’ It marks the first country to launch a central bank digital currency (CBDC).

It was reported by Russia’s state-owned media outlet TASS, that Tunisia has partnered with Russian firm Universa to launch the digital currency.

Customers will be able to spend the E-Dinar at thousands of shops, cafes, and restaurants over the next few months. It can be purchased online or through any of the planned two thousand Kiosks in the country.

Author

Ken Chigbo

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

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