Nigerians’ passion for crypto is stopping short at the eNaira
With less than 0.5% adoption, the central bank of Nigeria is struggling to push its eNaira CBDC to its citizens.
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With less than 0.5% adoption, the central bank of Nigeria is struggling to push its eNaira CBDC to its citizens.
Rishi Sunak is all set to take over the role of the prime minister of the United Kingdom in a few days. Amidst dire economic headwinds, Sunak was voted into…
Rishi Sunaks appointment as the new British Prime Minister could benefit the U.K.s burgeoning crypto industry. The U.K. Gets a New PM Rishi Sunak will become the U.K.s next Prime...
Japan Credit Bureau will develop its CBDC infrastructure in collaboration with IDEMIA and Softspace.
Financial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s own central bank digital currency called Project Aurum. The two-tier platform features a wholesale interbank and…
The Hong Kong Monetary Authority and the BIS Innovation Hub cooperated on a unique CBDC design that reflects the realities of money issuing in the special administrative region.
Eswatini recently became the latest African country to jump on the central bank digital currency (CBDC) bandwagon after its central bank selected Giesecke Devrient, a Germany-based technology firm, as its…
Experts from an economic institute in China have circulated the idea of creating a blockchain-powered digital currency that could lower Asia’s reliance on the greenback. The initiative comes against the…
The U.S. and the world benefit from the primacy of the U.S. dollar in the world economy, but it is stablecoin, not a CBDC, that will enhance the fiat’s place,…
Spending with China’s state-issued digital currency has surpassed 100 billion yuan, close to $14 billion, by the end of August, the country’s monetary authority revealed. More than 5 million merchants…