Tech News
LAST UPDATE: August 1, 2025
Rwanda: Central bank digital currency enters proof-of-concept stage
Rwanda’s central bank launched a five-month closed-loop proof-of-concept test for its CBDC, involving limited participants to assess feasibility, legal frameworks, and usability (newtimes.co.rw, newtimes.co.rw)
Insight
The pilot positions Rwanda as a pioneer in African digital finance innovation. Success could enhance financial inclusion and streamline cross‑border payments.
First Hong Kong stablecoin licences may be issued early next year, HKMA says
Hong Kong’s Monetary Authority expects to issue the first stablecoin operator licenses in early 2026, as part of its new regulatory regime activating August 1 (Reuters, Reuters)
Insight
Licensing stablecoins signals Hong Kong’s ambition to become a regulated digital asset hub, balancing innovation with oversight and investor protection.
