Nigeria bans ATM cash withdrawals over $225 a week to force use of CBDC
The limits set by the Central Bank of Nigeria are part of a broader push to encourage digital financial transactions. Go to Source Powered by WPeMatico
eNaira
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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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
From eNaira to eHryvnia, a Caribbean fintech develops CBDC around the world
“We’re also excited that when working with central banks, we can do it in a way that is through regulation and compliance,” says Bitt CEO Brian Popelka. Go to Source Powered by WPeMatico
