Nigerian CBDC Adoption Lags, Makes Up Less Than 1% of Currency in Use
Nigeria’s central bank digital currency, known as the eNaira, was the first of its kind in Africa. However, it currently represents only about 0.36% of the total currency in circulation. Nigerian experts attribute the sl...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
Netanyahu Floats Blockchain as a Sanctions Workaround; Israel’s Central Bank Objects
Israeli Prime Minister Benjamin Netanyahu said in a Channel 10 interview on Friday, Oct. 23, that Israel has to get ready for poss...
Binance Founder CZ Makes Shocking Claim About AI Hacking: “No Crypto Wallet Is 100% Safe”
The comments followed two X posts in which CZ discussed the limits of digital security and AI risks, highlighting phishing and soc...
Bank Lobby Presses OCC For Clarity On Stablecoin Rewards After Final Rule
A final stablecoin rule has not ended the argument over rewards. The Bank Policy Institute used its October 24 newsletter to renew...
Bloomberg Adds Basel Crypto Exposure Classification For Banks And Asset Managers
TL;DR: Bloomberg has expanded its crypto analytics to classify bank exposure under Basel standards, including indirect holdings hi...
China Sets 2030 Deadline for National Blockchain Network Despite Sweeping Crypto Ban
Key Takeaways: Under the new 5-year digital strategy, China aims to achieve a national blockchain network which will be largely co...
UK banks face 10,000 complaints in 3 months over crypto restrictions
The U.K. claims to aspire to become a global cryptocurrency hub, an ambition that would appear to be at odds with the attitude to...