Nigerian President-elect's Manifesto Includes Blockchain and Crypto Regulations

Nigerian President-elect Bola Tinubu has released a manifesto proposing the implementation of blockchain technology and cryptocurrencies in Nigeria's banking and finance sector. The manifesto suggests reforming existing Nigerian Security Exchange Commission regulations to create a more business-friendly framework for regulating digital assets. The proposed regulations would require digital asset companies to register with the SEC and comply with SEC regulations. The release of the manifesto coincides with the increasing adoption of cryptocurrencies in Nigeria, with the government hoping that the proposed SEC regulation reforms will attract more investors in the digital and economic sectors and stimulate economic growth. (Read More)

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Digital Pound Could Be a New Form of Payment: UK Finance Minister

Bank of England and Finance Ministry will launch a public consultation to gather opinions on establishing the Digital Pound.

Continue reading Digital Pound Could Be a New Form of Payment: UK Finance Minister at DailyCoin.

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Nigeria to Introduce Bill That Recognizes the Use of Cryptocurrency

An amendment to the 2 Investment and Securities Act of 2007 will allow cryptocurrency use in Nigeria.

Continue reading Nigeria to Introduce Bill That Recognizes the Use of Cryptocurrency at DailyCoin.com.

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Nigerians' passion for crypto is stopping short at the eNaira

With less than 0.5% adoption, the central bank of Nigeria is struggling to push its eNaira CBDC to its citizens.

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Think tank launches ‘technical sandbox’ exploring United States CBDCs

The Digital Dollar Project's Technical Sandbox Program is set to begin in October aiming to provide a clearer understanding of the ramifications of a United States CBDC.

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Nigeria’s eNaira Records 200,000 Transactions Worth Over $10 Million Since October

Based on eNaira’s success, Nigeria government is taking efforts to boost the functional capacity of the Central Bank Digital Currency (CBDC). (Read More)

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Nigerian Government Enhances eNAIRA to Draw Financial Inclusion

The Central Bank of Nigeria (CBN) has announced the upgrade to its Central Bank Digital Currency (CBDC) dubbed the eNAIRA. (Read More)

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Nigeria upgrades CBDC as crypto restrictions cripple fintech industry

Nigeria’s central bank has upgraded its eNaira to steer the country away from crypto even after a UN report stated that restrictions on digital currencies are stifling the nation's fintech sector.

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Nigeria’s eNaira stablecoin becomes focus of new IMF report

Nigeria’s central bank digital currency project, eNaira, is drawing attention and interest of leading financial institutions and it also gaining traction amongst other country’s central banks looking to initiate a similar project according to a report released by the International Monetary Fund (IMF) eNaira to boost remittance The report, authored by economist Jack Ree, explained […]

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Nigeria's E-Naira Gains Momentum, Tackles Influence of Volatile Cryptos

Nigeria's further efforts to curb the influence of cryptocurrencies have begun to bear fruits as its introduction of a centralised digital currency eNaira has lured about half a million users within three weeks. (Read More)

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eNaira: Nigeria Rolls Out Africa’s First Central Bank Digital Currency

Nigeria has become the first nation in Africa to officially launch a CBDC. (Read More)

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Crypto-loving Nigeria to launch eNaira stablecoin today

Weeks after its postponement, President Muhammad Buhari will officially launch the Nigerian Central Bank Digital Currency, eNaira, at the State House, Abuja, today.

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CBN Ready to Launch CBDC eNaira Despite its Previous Failure

BN is ready to launch eNaira despite its previous failure. CBN has released a document in which it repeats its

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Crypto-loving Nigeria begins eNaira CBDC project

Nigeria has upped the ante on its quest for a national digital currency as the Central bank of the African country has revealed that it will be partnering with Bitt Inc as a technical partner for the actualization of the “eNaira” project.

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