Digital currency taking over Africa | Africanews #youtubeshorts

The future of money is undoubtedly digital according to the IMF. The question is, what will it look like? As digital currency development is accelerating quickly in Sub-Saharan Africa, policymakers are concerned that digital currencies could be used to transfer funds out of the region illegally and undermine financial and macroeconomic stability, especially in the absence of robust regulatory frameworks.

Africanews talked to Abebe Selassie who is the director of the IMF's African Department to shed more light on the story.

#Africanews #youtubeshorts #digitalcurrency

[carolkhisa]

This is paving way for the mark of the beast, I have enough evidence on this

[delconteeallmyharmon]

Africa need to keep paper currency also digital currency, digital by itself is problematic, it puts people at risk of being controlled by their banks.

[onereggie]

No more trade until Africa's treasures are returned.

[brettmoore]

Cant believe they would invest in digital..stay with fiat backed by silver or gold just issued without debt