The CBN considered Bitt Inc’s experience in the development of the Eastern Caribbean Central Bank’s DCash, launched in April.
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Nigeria’s central bank issues draft guidelines on eNaira CBDC project
CBN says the proposed central bank digital currency will offer parity of value and will operate as a non-interest-bearing CBDC.
Read moreNigerians Move Almost $40 Million In P2P Bitcoin Trading In A Month
Bitcoin trading has always seen high adoption in countries with currencies that are depreciating fast. The West African country of Nigeria has always been at
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Nigerian crypto adoption rises despite govt crackdown
Nigerians are still hungry for crypto despite the central bank’s efforts to quash it.
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Nigeria to pilot central bank digital currency in October
The Central Bank of Nigeria will start the pilot of its central bank digital currency, which runs on the Hyperledger Fabric blockchain, on October 1.
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Nigerian secondary school will accept crypto payments despite regulatory uncertainty
“We believe one day digital money will gain more acceptance than paper money,” said school director Sabi’u Musa Haruna.
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