Nigerians’ passion for crypto is stopping short at the eNaira
With less than 0.5% adoption, the central bank of Nigeria is struggling to push its eNaira CBDC to its citizens.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
With less than 0.5% adoption, the central bank of Nigeria is struggling to push its eNaira CBDC to its citizens.
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 CointelegraphRelated market context
Irish Central Bank Fines Coinbase Unit €3.25 Million Over Customer Fund Safeguards
TL;DR: Ireland’s central bank imposed a €3.25 million penalty on Coinbase Ireland over electronic-money safeguarding and outsourci...
Ripple And Arf Target The Short Funding Gap Behind Cross-Border Payments
A payment can move across a blockchain in seconds while the company delivering it remains short of cash for days. Ripple’s new arr...
Bank of Israel Rejects Netanyahu’s Crypto Sanction-Evasion Plan
The institution stressed that instead of seeking alternatives to bypass possible international sanctions against the nation, Israe...
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...
How $37 million stolen from Americans moved through a Bahamas bank into Tether’s USDT
Prosecutors allege a bank-to-USDT laundering role in a case involving 174 identified US victims; no new repayment figure was annou...
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...