Tag: ENaira
IMF Warns Nigeria’s Issuance of CBDC “eNaira” May Risk Money Laundering
The International Monetary Fund (IMF) has warned that Nigeria’s eNaira could be at risk of money laundering. Although previously stated that central bank digital currency (CBDC) is safer than bitcoin…
Nigeria will launch cryptocurrency “ENaira” CBDC on Monday.
The Central Bank of Nigeria (CBN) will launch the digital currency “eNaira” CBDC on Monday, according to Bloomberg. eNaira, which aims to promote and complement the use of cash rather…