Cape Verde introduces electronic currency in 2018

The Government of Cape Verde will have this year an electronic money

As advanced the spokesman of the Council of Ministers, Fernando Elísio Freire, the Government will take to Parliament, next march, the three projects of the legislative decree incorporating the regulatory reform of the payment system in cape verde, among which is that it will allow for the introduction of electronic money in the country.

This legislative package are still part of the legal systems of the payment system and the payment institutions and of electronic money institutions, according to the source.

With these initiatives, had to Freire, “the Executive wants to adapt the country to the international standards of the financial system and to the development of economic and trade relations”.

Elísio Freire predicts that, in the second half of this year, Cape Verde will have your electronic money.