Nearly half a million e-naira wallets have been downloaded a few weeks after the central bank digital currency (CBDC) was officially launched by Nigerian President
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Nigerian banks monitor customer accounts suspected of crypto trading
Nigeria has previously announced a ban on cryptocurrencies, but crypto trading activity is still high. Now banks have started to monitor customer accounts to identify
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Nigerian banks tracking customer accounts for crypto trading
Personal accounts with large multi-day inflow and outflow are being tracked at the behest of the country’s central bank.
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Nigeria’s central bank reportedly freezes crypto traders’ accounts
In February, the CBN banned banks from servicing crypto exchanges in the country, citing concerns including volatility, money laundering and the financing of terrorism.
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Exploring The Enaira With Bitt Inc.’s CEO
The CEO of Bitt Inc., which helped build Africa’s first CBDC, gives us a closer look at the eNaira. Continue reading on Quantum Economics »
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eNaira slowly gains traction post-launch amidst glitches
Nigerian government officials have big expectations regarding the eNaira.
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