{"id":605012,"date":"2018-12-19T04:17:38","date_gmt":"2018-12-19T04:17:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/cbe-looking-into-issuing-digital-currency\/"},"modified":"2018-12-19T04:17:38","modified_gmt":"2018-12-19T04:17:38","slug":"cbe-looking-into-issuing-digital-currency","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/cbe-looking-into-issuing-digital-currency\/","title":{"rendered":"CBE looking into issuing digital currency"},"content":{"rendered":"

<\/a> Central bank still poking into crypto: <\/b>The CBE is still working on feasibility studies on the potential issuance of a digital currency, Sub-Governor Ayman Hussein said<\/a> earlier this week, positioning the study as part of the Sisi administration\u2019s drive toward a cashless society. The sub-governor did not name the international institutions the CBE is working with or provide details on whether the currency would only be used in inter-bank transactions or made available for public use and trading. The story was picked up by Cointelegraph<\/a>.<\/p>\n

Background:<\/b> The CBE has previously slammed cryptocurrency<\/a> on more than one occasion, warning of the high risks (pdf)<\/a> involved due to price volatility and a lack of governmental supervision. Hussein first hinted back in October<\/a> that the CBE was mulling a policy shift. The CBE\u2019s crypto study comes after Sweden\u2019s central bank governor recently made the case for why central banks should investigate state-issued e-currencies (pdf)<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Central bank still poking into crypto: The CBE is still working on feasibility studies on the potential issuance of a digital currency, Sub-Governor Ayman Hussein said earlier this week, positioning the study as part of the Sisi administration\u2019s drive toward a cashless society. The sub-governor did not name the international institutions the CBE is working […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[344,72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-605012","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-cryptocurrency","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"d843ddaa-8444-4e8e-8011-5b6948296d71","order":"0","is_powered_by":true,"section_story_id":"2b7447c1-fd90-4e93-9d7d-b8757b670552","story_type":"1","photo_url":"","photo_position":"above","related_issue":[605006],"teaser":"","voice_url":""},"yoast_head":"\nCBE looking into issuing digital currency - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/cbe-looking-into-issuing-digital-currency\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBE looking into issuing digital currency\" \/>\n<meta property=\"og:description\" content=\"Central bank still poking into crypto: The CBE is still working on feasibility studies on the potential issuance of a digital currency, Sub-Governor Ayman Hussein said earlier this week, positioning the study as part of the Sisi administration\u2019s drive toward a cashless society. The sub-governor did not name the international institutions the CBE is working […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/cbe-looking-into-issuing-digital-currency\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-19T04:17:38+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/cbe-looking-into-issuing-digital-currency\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/cbe-looking-into-issuing-digital-currency\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CBE looking into issuing digital currency\",\"datePublished\":\"2018-12-19T04:17:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/cbe-looking-into-issuing-digital-currency\/\"},\"wordCount\":160,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"cryptocurrency\",\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/cbe-looking-into-issuing-digital-currency\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/cbe-looking-into-issuing-digital-currency\/\",\"name\":\"CBE looking into issuing digital currency - 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