“The National Payment System (NPS) Modernisation Plan was approved by the Cabinet of
Ministers during a meeting chaired by President Danny Faure on Wednesday August 12, 2020.” CBS

Central Bank of Seychelles

The CBS maintains the Seychelles Rupee (SCR).

The Seychelles has 58% internet penetration and 176 percent for mobile connections.

The CBS announced that the payments systems will be digitized. 

The NPS modernization will take three years to implement.

There are no references to CBDCs but the groundwork in digitization is being done for digital payments.

 

 

 

  

 

 

By cryptorocks_editor

Editor.