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Nigeria
Nigeria Plans to Create a Virtual Free Zone With Binance Crypto Exchange
The west African country wants to create something similar to Dubai’s digital city.
Nigeria's CBDC eNaira Used for Nearly $10M Worth of Transactions Since October
The eNaira app has been downloaded 840,000 times and has 270,000 active wallets
Nigeria’s SEC Affirms All Digital Assets Are Securities in New Rulebook
Rules look to clarify crypto’s role in the economy by providing a regulatory framework.
Don’t Blame Crypto for Corruption
An IMF study suggesting crypto is facilitating corruption is off target.
Book Excerpt: 3 Stories of Bitcoin Changing Lives Outside the 'Dollar Bubble'
Alex Gladstein describes how Bitcoin offered entrepreneurs in Nigeria, Sudan and Ethiopia a much-needed, financial resource for helping their families and communities throughout their countries.
Tanzania Plans to Launch CBDC After eNaira Launch: Report
The country’s central bank has reportedly begun preparations for its own CBDC.
Nigerian Payments App Reportedly Suspending Operations Due to Government Crackdown on Crypto
Payments platform KurePay plans to suspend services to Nigerian users starting in 2022.
Nigeria’s eNaira Wallet Nears 500,000 Downloads in First 3 Weeks: Report
Africa’s first CBDC launched in late October.
State of Nigeria's Central Bank Digital Currency Pilot
Nigeria’s central bank digital currency (CBDC), the eNaira, is in its second week of operations since it went live Oct. 25. Yele Bademosi, CEO and founding partner of Nigeria-based Nestcoin, discusses the latest on the rollout, use cases of the eNaira, and the wider state of crypto affairs in the country.
