Nigeria’s government is looking to drive blockchain adoption as part of its plans to establish emerging technology centers across the country.
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Economist Steve Hanke Warns Salvadoran Bitcoin Adoption Could ‘Completely Collapse the Economy’
The professor of applied economics at Johns Hopkins University, Steve Hanke, has recently been criticizing bitcoin adoption taking place in El Salvador. Hanke doesn’t think
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Nigerian Central Bank Threatens Jail Time for Citizens Caught Defacing Naira Banknotes
Fighting to stop the value of the naira from dropping further, the Central Bank of Nigeria (CBN) faces yet another problem: abuse of naira banknotes.
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Nigeria’s central bank plans CBDC pilot launch before the end of 2021
The Central Bank of Nigeria says it is gearing up to test a sovereign digital currency to ease foreign remittance restrictions.
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Crypto will ‘come to life’ in Nigeria, central bank governor says
Emefiele said the Nigerian government will do its best to prevent crypto from being used to finance illicit activities.
Read moreNigeria’s Central Bank Considers Digital Naira Amid Bitcoin Crackdown
In a sign of worldwide growing adoption, central bank digital currencies (CBDCs) programs are currently underway in many countries. West African giant Nigeria appears to
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