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cashless

eNaira and the state of crypto in Nigeria amid a financial cr

Nigeria tries to enforce cashless society with CBDC eNaira amidst financial disaster

Nigeria, Africa’s most populous nation and largest economy, is currently facing a financial crisis that has underscored the importance of cryptocurrencies for its population of over 219 million. Despite the government’s launch of a central bank digital currency (CBDC), the eNaira, citizens have shown little interest and have instead turned to mainstream crypto assets, despite […]
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