The implementation of Central Bank Digital Currencies isn‘t just about money. It also is about personal freedom and how CBDCs ...
Nigeria’s upcoming cryptocurrency tax may be a strategic response to economic pressures. Will this initiative enhance revenue ...
While Nigeria launched the e-Naira in October 2021, becoming the first African country to introduce a CBDC, Ghana has taken a ...
“The very limited uptake of CBDC in countries where it fully launched – in the Bahamas, Jamaica, the Eastern Caribbean Currency Union, and Nigeria – can be attributed to the lack of ...
It is also worth noting that several trial implementations have already launched, such as the eNaira CBDC in Nigeria. CBDC prospects under the Trump administration The election of President Donald ...
The Central Bank of Nigeria is looking to launch its own central bank digital currency (CBDC) by the end of the year. Rakiya Mohammed, an information technology (IT) specialist at the Central Bank ...
Russian banks have requested that the digital ruble leverage smart contracts. The U.S. has officially banned the development ...
Israel releases a preliminary design for its central bank digital currency, digital shekel, while the US explores a crypto ...
In regions with underdeveloped banking infrastructure, like Nigeria (which has the eNaira) and The Bahamas (with its Sand Dollar), CBDCs offer a chance to bypass traditional banking. They provide ...