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.

View Details

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.

View Details

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.

View Details

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)

View Details

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)

View Details

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.

View Details

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 […]

The post Nigeria’s eNaira stablecoin becomes focus of new IMF report appeared first on CryptoSlate.

View Details

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)

View Details

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)

View Details

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.

The post Crypto-loving Nigeria to launch eNaira stablecoin today appeared first on CryptoSlate.

View Details

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

The post has appeared first on thenewscrypto.com

View Details

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.

The post Crypto-loving Nigeria begins eNaira CBDC project appeared first on CryptoSlate.

View Details