Log in

News

Mauritius moving closer towards a central bank issued digital currency

Updated: Aug 31, 2024
Published: May 13, 2020
0
Share:

Mauritius, a small island nation situated in the Indian Ocean, is moving towards issuing a national Central Bank Digital Currency (CBDC). The country is currently using its central bank-issued currency, the ​Mauritian rupee. ​Mauritius have had open arms in regards to cryptocurrencies, with the creation of the Mauritius International Financial Centre (IFC).

Post Feature Image

The International Financial Centre

The IFC is a core part of the country's economy, contributing to 8% of the total GDP for Mauritius. Mauritius sees the IFC as a progression of their economy and increased diversification. The Mauritius economy has been heavily hit by COVID19 due to the country's huge tourism industry, making up 24% of the country's GDP.

Mauritius economy

Mauritius has moved from an agricultural past, its previously single resource economy reliant on sugarcane in the 1960s, into an expanding economy developing tertiary industries, such as tourism. The diversification of their tertiary industries now appears to be within fintech and blockchain technology.

Cryptocurrency expansion

The Mauritius government has laid out a clear regulatory framework with ​the issuing of digital asset licenses, allowing for the safekeeping of digital assets, alongside new regulations on Security Token Offerings (STOs). The IFC is taking an active role in the expansion of blockchain and cryptocurrency-related companies in Mauritius, working alongside companies in Africa's number one country for Information Technology.

Western cryptocurrency exchanges are offering their services in Mauritius, for example, the cryptocurrency exchange Coinbase is available allowing users to buy, sell, and exchange cryptocurrencies. The adoption of cryptocurrencies within Mauritius is also expanding with the hospitality company, ​BookMauritiusHotels now accepting BTC and BCH through the Bitcoin service provider BitPay.

100% Success Money Back Guarantee

If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Terms & Conditions apply

Star

Trusted by 300,000+ traders

Take your next step towards crypto success

Save 50%

$799/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

What’s included in Pro:

  • Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • Our latest memecoins pick with 50X potential

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp

Frequently Asked Questions

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Recommended from Cryptonary
Passive income: 2 single-sided yields on SOL with up to 70% APY
PRO
Research Report
Passive income: 2 single-sided yiel...We came across two yield setups on Solana that just make sense: easy to run, strong returns, and ful...
7 min read
Oct 29, 2025
Altcoin Scanner: Daily Trading Ideas
PRO
Market Direction
Altcoin Scanner: Daily Trading Idea...The altcoin market is waking up. After weeks of quiet price action, momentum is shifting and several...
4 min read
Oct 28, 2025
BTC, ETH and More: Bullish Breakouts and Critical Resistance Tests
PRO
Market Direction
BTC, ETH and More: Bullish Breakout...The majors broke upside on positive macro news, now testing key resistances. Watch for bullish conti...
8 min read
Oct 27, 2025