As the governor of the Bank of the Republic of Haiti (BRH), Ronald Gabriel, announces the launch of a state-of-the-art, interoperable, blockchain-compatible payment platform to enable instant payments, his message raises a contradiction that is hard to ignore.<\/p>\n
How can the central bank promote the modernization of the financial system while threatening legal action against Dessalines Bank, accused of offering digital financial services? This apparent inconsistency raises questions.<\/p>\n
On the one hand, the BRH is looking to the future, citing technologies such as blockchain, cryptocurrencies and stablecoins. On the other, it is taking a punitive approach toward initiatives that could help pave the way for that very transformation.<\/p>\n
Beyond the warning issued to the public, the situation highlights the challenges of financial regulation in Haiti, which is often faced with innovation moving faster than the legal framework.<\/p>\n
Rather than discouraging new initiatives, wouldn’t the central bank do better to oversee them, set clear rules and foster a genuine digital financial ecosystem that is secure, innovative and competitive?<\/p>\n
Citizens, urged to be vigilant, are also entitled to expect from the authorities a coherent vision, regulation suited to new technological realities and, above all, concrete results in modernizing the financial system.<\/p>\n","protected":false},"excerpt":{"rendered":"
As the governor of the Bank of the Republic of Haiti (BRH), Ronald Gabriel, announces the launch of a state-of-the-art, interoperable, blockchain-compatible payment platform to enable instant payments, his message raises a contradiction that is hard to ignore. How can the central bank promote the modernization of the financial system while threatening legal action against […]<\/p>\n","protected":false},"author":51,"featured_media":29219,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4393],"tags":[],"class_list":["post-31816","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy"],"_links":{"self":[{"href":"https:\/\/hebdo24.com\/en\/wp-json\/wp\/v2\/posts\/31816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hebdo24.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hebdo24.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hebdo24.com\/en\/wp-json\/wp\/v2\/users\/51"}],"replies":[{"embeddable":true,"href":"https:\/\/hebdo24.com\/en\/wp-json\/wp\/v2\/comments?post=31816"}],"version-history":[{"count":0,"href":"https:\/\/hebdo24.com\/en\/wp-json\/wp\/v2\/posts\/31816\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hebdo24.com\/en\/wp-json\/wp\/v2\/media\/29219"}],"wp:attachment":[{"href":"https:\/\/hebdo24.com\/en\/wp-json\/wp\/v2\/media?parent=31816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hebdo24.com\/en\/wp-json\/wp\/v2\/categories?post=31816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hebdo24.com\/en\/wp-json\/wp\/v2\/tags?post=31816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}