What benefits will Egypt gain by issuing a digital pound? ...Egypt

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What benefits will Egypt gain by issuing a digital pound?
Digital currencies have spread in use around the world, attracting many investors due to their high value and price. The Central Bank of Egypt has decided to study issuing a digital pound in cooperation with the International Monetary Fund and the World Bank, as part of the Egyptian state’s efforts to enhance its transition to the digital economy and expand the scope of instant electronic payments between individuals and companies. Economic expert Sayed Khedr said there has been a recent spread of virtual currencies, with China having implemented its own digital currency system. There is more security when digital currencies are used officially by countries, he noted, as digital currencies a

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