The Central African Anti-Money Laundering Action Group (GABAC) published an update on a strategic seminar in Yaoundé, organised by the Bank of Central African States (BEAC) in partnership with the International Monetary Fund (IMF), focused on central bank digital currency (CBDC) and the regulation of crypto-assets in the Central African Economic and Monetary Community (CEMAC). Held from 23 to 27 February 2026, the workshop brought together experts from BEAC and regional institutions including the Central African Banking Commission (COBAC), GABAC and the Central African Financial Market Supervisory Commission (COSUMAF). Discussions covered the implications of crypto-assets for financial stability, financial inclusion, digital transformation and the legal framework, and financial system integrity including anti-money laundering, counter-terrorist financing and counter-proliferation financing, with input from IMF specialists and the Financial Stability Board (FSB). The release presents the event as supporting closer coordination among CEMAC regulators and consideration of the prospects for a future CBDC in the sub-region.
GABAC 2026-03-31
Central African Anti-Money Laundering Action Group summarizes BEAC and IMF seminar on CBDCs and crypto-asset regulation in CEMAC
The Central African Anti-Money Laundering Action Group reported on a strategic seminar in Yaoundé, organised by the Bank of Central African States with the IMF, on central bank digital currency and crypto-asset regulation in the Central African Economic and Monetary Community. Regional authorities, including the Central African Banking Commission, the Central African Financial Market Supervisory Commission and GABAC, discussed implications for financial stability, inclusion, digital transformation, legal frameworks and financial system integrity, with input from the Financial Stability Board. The event is presented as enhancing regulatory coordination in CEMAC and informing consideration of a potential future CBDC.