Central Bank Digital Currency on the Horizon for Central African States
The Bank of Central African States considers launching a CBDC to modernize payments and promote financial inclusion amidst challenges.
Nigeria Plans Groundbreaking Virtual Special Economic Zone for Crypto
Explore Nigeria’s plans for a Virtual Free Zone with Binance to drive economic growth and digital innovation in the crypto landscape.
Supreme Court of Nigeria Upholds Old Naira Notes: What It Means for Citizens and Businesses
Supreme Court of Nigeria rules to extend validity of old naira notes until Dec 31, 2023, reversing Buhari’s redesign policy.
Stablecoins Face Turbulent Times: From Depegging to Regulatory Rumbles
Stablecoins hit a rough patch this week, with major depegging incidents and regulatory discussions taking center stage.
The Rise of the Digital Dirham: Exploring the UAE’s Central Bank Digital Currency Initiative
The UAE’s Central Bank is on the verge of launching the digital dirham, a CBDC aimed at revolutionizing payments and boosting financial inclusion.
Nigeria’s Cash-Less Revolution: Limits on Withdrawals and the Rise of eNaira
Nigeria caps cash withdrawals as it promotes digital banking and eNaira. Discover the effects and future of the cash-less policy.
Nigeria’s eNaira: A Silver Lining in a Cash Crunch
Nigeria’s eNaira rises amid cash shortages, highlighting the power of CBDC as a solution for financial inclusion.
Barbados: The New Hub of Cryptocurrency Innovations
Discover how Barbados is becoming a hub for cryptocurrency innovations with projects like Nigeria’s eNaira and Ukraine’s digital hryvnia.
Tanzania’s Leap into Digital Currency: A Central Bank Revolution
Tanzania plans to launch a central bank digital currency, the digital shilling, following Nigeria’s eNaira. What’s next for Africa’s financial future?
Commercial Banks in Nigeria Crackdown on Cryptocurrency Accounts Following CBN Order
Nigeria’s banks monitor accounts for cryptocurrency trading, following CBN’s order to freeze accounts linked to crypto activities.