The Central Bank of West African States (BCEAO) and the International Islamic Trade Finance Corporation (ITFC) are working on Central Bank Digital Currencies and their impact on interregional trade. The two structures jointly organized a webinar on trends and developments in Central Bank Digital Currencies (CBDCs) and the impact they could have on interregional trade between West African countries and internationally. The webinar highlighted central banks' growing interest in digital currencies and their concern to explore how the BCEAO could introduce CBDCs into its operations. According to the press release issued by APO Group on Thursday, February 18, 2021, the experts discussed the main modalities of the CBDC's integration into traditional finance, exploring a range of themes and topics, including political, security, legal and regulatory considerations. They also analysed the impact on the global banking system and the role of commercial banks, the impact on foreign exchange reserves and the need to educate the general public. "The 4th Industrial Revolution will change the traditional monetary system as we know it. Technology is already reshaping the way trade is conducted, creating new opportunities for greater efficiency and impact. ITFC strongly believes in the potential of digital currencies to boost intra-regional trade and lead to greater financial inclusion and stability in the developing world," said Nazeem Noordali, ITFC Chief Operating Officer. For Justine Amenan Tano Beugré, Advisor to the Director General of the Centre de Formation et d'Etudes Bancaires de l'Afrique de l'Ouest (COFEB), a division of the BCEAO, "it is important to emphasize that the BCEAO attaches particular interest to technological and financial innovations, considered essential levers to strengthen financial inclusion. Also, like the main central banks, our issuing institute is interested in digital developments to be taken into account in the context of monetary issuance. This workshop offered us the opportunity to study the issuance of digital currency from both a theoretical and practical point of view, but also to discuss the implications for monetary policies and financial stability," said Ms. Beugré. It should be noted that the panel also highlighted the potential benefits of digital currencies that allow greater financial inclusion, integrity, stability, operational efficiency and better monetary regulation.