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eNaira Adoption Soars Amid Cash Shortage: Transactions Rise 63%

The eNaira, recorded a 63% increase in transaction value due to the country's demonetization policy and cash shortage crisis, with an estimated 22 billion...

Introducing CBDC in Tanzania: A Phased and Cautious Approach

The Bank of Tanzania will introduce a CBDC in a phased and cautious approach to promote financial inclusion and enhance payment systems efficiency. The Bank...

IMF Calls for Crypto Regulation Within Africa

The International Monetary Fund (IMF) calls African regulators to implement laws revolving around digital currencies following the debacle of the FTX crypto exchange. The international...

Norge Bank Launches Ethereum-based Sandbox for its CBDC

The Norwegian Central Bank also known as Norge Bank releases the open source code for its central bank digital currency through the Norge Bank...

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