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What is the ‘REDI’ Framework for CBDC Adoption Suggested by IMF
The IMF's REDI framework—comprising regulation, education, design and deployment, and incentives—highlights the importance of fostering awareness and understanding of Central Bank Digital Currencies (CBDCs). In alignment with insights from global financial experts, an IMF report emphasizes that enhancing knowledge about CBDCs is essential for p...
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Central Bank Digital Currency Momentum Shows Growth, Study Shows
The research by the US-based Atlantic Council think-tank published on Tuesday showed that all G20 nations are now looking into central bank digital currencies (CBDCs) as they are known and that 44 countries in total are piloting them. That is up from 36 a year ago and is part of a global push by authorities to respond to declining cash usage and th...
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Nigeria to Load CBDC eNaira With More Features, Aims to Onboard Millions of Unbanked
The government of Nigeria is taking efforts to boost the functional capacity of its digital currency, called the eNaira. The authorities there will soon be allowing eNaira users to create wallets for the CBDC by dialling a four-digit code on their mobile telephones, whether or not they have bank accounts, among other new features.
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Nigeria Regulator Sets New Rules for Digital Assets, Cryptocurrencies to Control Unregulated Use in Markets
Nigeria's markets regulator has published a set of regulations for digital assets in an effort to find a middle ground between an outright ban on crypto assets and their unregulated use. Nigeria's Securities and Exchange Commission (SEC) published the "New Rules on Issuance, Offering Platforms and Custody of Digital Assets" on its website.
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Nigeria Launches eNaira Digital Currency Amid Hope, Scepticism, and Plenty of Uncertainty
Nigeria became the first African nation to launch a digital currency, the eNaira, a move its leaders said will expand access to banking, enable more remittances, and even grow the economy by billions of dollars.
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Nigerian Central Bank To Launch Digital Currency Within Days: Godwin Emefiele
The Central Bank of Nigeria (CBN) will launch the eNaira, its digital currency, in a couple of days from now, Governor Godwin Emefiele said on Thursday.
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Amid Crypto Boom, Nigeria, Ghana In Race To Have Own Digital Currency
Central banks in Nigeria and Ghana have partnered with foreign financial tech companies to create digital versions of their currencies, joining the global train of countries exploring the initiative
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What is the ‘REDI’ Framework for CBDC Adoption Suggested by IMF
The IMF's REDI framework—comprising regulation, education, design and deployment, and incentives—highlights the importance of fostering awareness and understanding of Central Bank Digital Currencies (CBDCs). In alignment with insights from global financial experts, an IMF report emphasizes that enhancing knowledge about CBDCs is essential for p...
-
Central Bank Digital Currency Momentum Shows Growth, Study Shows
The research by the US-based Atlantic Council think-tank published on Tuesday showed that all G20 nations are now looking into central bank digital currencies (CBDCs) as they are known and that 44 countries in total are piloting them. That is up from 36 a year ago and is part of a global push by authorities to respond to declining cash usage and th...
-
Nigeria to Load CBDC eNaira With More Features, Aims to Onboard Millions of Unbanked
The government of Nigeria is taking efforts to boost the functional capacity of its digital currency, called the eNaira. The authorities there will soon be allowing eNaira users to create wallets for the CBDC by dialling a four-digit code on their mobile telephones, whether or not they have bank accounts, among other new features.
-
Nigeria Regulator Sets New Rules for Digital Assets, Cryptocurrencies to Control Unregulated Use in Markets
Nigeria's markets regulator has published a set of regulations for digital assets in an effort to find a middle ground between an outright ban on crypto assets and their unregulated use. Nigeria's Securities and Exchange Commission (SEC) published the "New Rules on Issuance, Offering Platforms and Custody of Digital Assets" on its website.
-
Nigeria Launches eNaira Digital Currency Amid Hope, Scepticism, and Plenty of Uncertainty
Nigeria became the first African nation to launch a digital currency, the eNaira, a move its leaders said will expand access to banking, enable more remittances, and even grow the economy by billions of dollars.
-
Nigerian Central Bank To Launch Digital Currency Within Days: Godwin Emefiele
The Central Bank of Nigeria (CBN) will launch the eNaira, its digital currency, in a couple of days from now, Governor Godwin Emefiele said on Thursday.
-
Amid Crypto Boom, Nigeria, Ghana In Race To Have Own Digital Currency
Central banks in Nigeria and Ghana have partnered with foreign financial tech companies to create digital versions of their currencies, joining the global train of countries exploring the initiative
