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Bitcoinist
2023-03-22 19:00:01

Nigerian CBDC eNaira Adoption Spikes Due To Cash Shortage

Nigerian CBDC eNaira Adoption Spikes Due To Cash Shortage

Nigeria, the most populous African nation, experienced a severe cash shortage and these shortages have increased the adoption rate of its CBDC, the eNaira. Nigeria is the first African nation to launch a sovereign digital currency. After the launch, the project suffered a low adoption rate from the citizens. But the recent cash shortage stemming

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