New partnership for digital currency in West Africa

ECurrency Mint announced Friday it inked a partnership with Banque Régionale de Marchés (BRM) to provide a digital currency in the West African Economic and Monetary Union (WAEMU). In a press release, eCurrency Mint said BRM will issue the digital tender, eCFA, in compliance with eMoney regulations of Banque Centrale des Etats de l’Afrique de l’Ouest (BCEAO), the central bank of WAEMU. The secure digital instrument can be used across all existing payment platforms and will be equivalent in value to physical legal tender, eCurrency said in the press release. Read more: