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News central bank / digital currency Maldives Impact 8.0/10 2 min read
Maldives to Introduce Digital Currency

Maldives to Introduce Digital Currency

President Mohamed Muizzu announced the introduction of a digital currency in the Maldives during a graduation event at the Maldives National University (MNU). He noted that by 2030, the digital economy will account for 15% of GDP. He advised the Governor of the Maldives Monetary Authority (MMA), Ahmed Munawar, to begin work. Munawar stated that the central bank has already started working on it and that MNU will help expand digital currency.

President Mohamed Muizzu announced the introduction of a digital currency in the Maldives during a graduation event at the Maldives National University (MNU). He noted that by 2030, the digital economy will account for 15% of GDP. He advised the Governor of the Maldives Monetary Authority (MMA), Ahmed Munawar, to begin work. Munawar stated that the central bank has already started working on it and that MNU will help expand digital currency.

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Maldives Republic

Published

Nov 1, 2024

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President Mohamed Muizzu announced the introduction of a digital currency in the Maldives during a graduation event at the Maldives National University (MNU). He noted that by 2030, the digital economy will account for 15% of GDP. He advised the Governor of the Maldives Monetary Authority (MMA), Ahmed Munawar, to begin work. Munawar stated that the central bank has already started working on it and that MNU will help expand digital currency.

This story involves 1 source and may affect public understanding of central bank / digital currency.

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