The implementation of Central Bank Digital Currencies isn‘t just about money. It also is about personal freedom and how CBDCs ...

Nigeria’s upcoming cryptocurrency tax may be a strategic response to economic pressures. Will this initiative enhance revenue ...

Picture a bustling marketplace in Lagos. Traders shout out their prices, customers haggle, and transactions happen in cash.

The Central Bank of Brazil (BCB) has released a report detailing the first testing phase for Drex, its digital asset ...

Today, the country boasts one of the most advanced payment infrastructures in the world, processing more real-time payments than many developed nations. This evolution has been driven by an ...

KARACHI: At the inaugural Pakistan Banking Summit 2025, Finance Minister Muhammad Aurangzeb emphasised the critical need to ...

Oyekan acknowledged the slow adoption of Nigeria’s eNaira due to security and usability concerns. He suggested integrating it with mobile money platforms to boost acceptance and enhance digital ...

Additionally, in October 2021, Nigeria launched its Central Bank Digital Currency, the eNaira, aiming to provide a digital alternative to cash and further promote cashless transactions.

The Central Bank of Nigeria (CBN), while initially imposing restrictions on cryptocurrency transactions, subsequently introduced the eNaira, Nigeria’s own central bank digital currency (CBDC ...

The Promise of CBDC and Gift City’s Role. Is the Digital Rupee ready for real-world testing? At a time when countries like China and the European Union are pioneering their own ...