Nigeria’s Digital Currency

The eNaira was unveiled, with some 33 banks onboard. Note this doesn’t replace the physical Naira, rather it is intended to complement and be used alongside the currency. About a two minute read.

Comment: it seems developing nations are rushing to adopt cryptocurrencies and deploy Central Bank Digital Currencies, while developed (with the exception of China, who I do consider developed) are still mulling about in a confused manner.

What is a Central Bank Digital Currency?

Ok Central Bank Digital Currency is another timely topic that you should know about. So let’s discuss!