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#Digital #Currency #CBDC Archives | DiutoCoinNews


Bitcoin News Nigeria, Reporting on Fintech, Bitcoin, Ethereum, Blockchain and Cryptocurrency News in Nigeria

#Digital #Currency #CBDC

eNaira Nigeria’s Central Bank Digital Currency Begins Second Phase.

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Recently, Governor, Central Bank of Nigeria (CBN), Godwin Emefiele flagged off the second phase of the eNaira project noting that it is intended to drive financial inclusion by onboarding unbanked and underserved users leveraging offline channels. Also, hee disclosed that Nigerians will…

Have You Used The eNaira? How Far Has The Nigeria’s Digital Currency Fared ?

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The first year anniversary of the live launch of the eNaira is coming up on October 25, 2022. It will be exactly one year since the introduction of Central Bank Digital Currency CBDC in Nigeria. eNaira was  launched by President…

A Common Africa Digital Currency: A Possibility For Economic Growth.

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Interests are growing on the need for a harmonized digital currency to boost transborder transactions and remittance among Africans. With the blockchain technology available for optimum creation of digital currency, time is ripe to have a common Africa Digital Currency,…

Russia to Reportedly Exploit SWIFT Sanctions to Reduce Dollar Hegemony Against Digital Ruble

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Russia is reportedly intending to exploit the SWIFT sanctions to launch digital ruble which in the most extreme case will see its bank branches and accounts across countries blocked. In a recent analysis by Nandini Tandon on Twitter, she said…

Central Bank of Kenya Plans Central Bank Digital Currency

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The Central Bank of Kenya on Thursday released a communication titled a “Discussion Paper on Central Bank Digital Currency” soliciting for public and expert contributions on the Bank’s plan to introduce central bank digital currency CBDC. The public are expected…

“We Don’t Believe In Cryptocurrencies” Zimbabwe CB Governor. Plans To Launch CBDC

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The Central Bank of Zimbabwe is exploring plans to launch and use its own digital currency instead of allowing cryptocurrency as legal tender, its Governor John Mangudya told Bloomberg. “As a central bank we don’t believe in cryptocurrencies,” Mangudya said…

Tanzania To Develope Central Bank Digital Currency CBDC

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The Tanzanian government is making deliberations on how to develop its own cryptocurrency to follow the path of other African countries. According to Bloomberg, the Bank of Tanzania already kicked off with the preparations of a central bank digital currency…

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