Less Than 0.5% Nigerians Have Used the Country’s CBDC E-Naira a Year After Its Launch
Nigeria’s Central Bank Digital Currency (CBDC) e-Naira is failing because of low adoption rates while the government is trying to drive adoption higher.
Nigerian Central Bank Increases Cash Withdrawal Limits After Receiving 'Feedback From Stakeholders'
Barely a month after announcing the restricting of cash withdrawals to under $50 per week, the Central Bank of Nigeria said on Dec. 21 that individuals will be able to withdraw an equivalent of $1,120 per week starting on Jan. 9, 2023. The central bank said individuals and corporate organizations withdrawing amounts exceeding the new limits would be required to pay processing fees of 3% and 5% respectively.
CBDCs: Big Brother Money Is Coming for You
A convenient medium of payment or a Trojan horse for Fascism?
ECB Publishes New Digital Euro Report, Rollout Decision in Fall 2023
The European Central Bank (ECB) has published its second report on the feasibility of launching a digital euro.
Private Banks to Manage Future Digital Euro Wallets, Transactions
Credit institutions and payment service providers will manage services associated with a digital euro issued by the European Central Bank, according to the bank's latest progress report on a retail digital currency.
Central African Republic Delays Listing Sango Coin to 2023
The listing of Sango, the Central African Republic's national cryptocurrency, has been delayed until the first quarter of 2023.
Japan CBDC Discussion
The Bank of Japan has published the minutes of the fourth meeting of the Liaison Council for Central Bank Digital Currencies. In the following, we have extracted some key comments from the Liaison Council members, with regards to cost, pilot participation, technology and the financial intermediary function, and added our comments.
Sweden Central Bank Preparing for E-Krona CBDC
Sweden’s central bank, Riksbank, is preparing to introduce a possible central bank digital currency (CBDC) — the e-krona — according to a Dec. 15 statement.
The Rise of CBDCs: Welcome to… Fiat Money 2.0
How Ready Are We For The Rise Of CBDCs? What Are The Alternatives?
CBDCs: How Dangerous Are Central Bank Digital Currencies?
This new form of ‘digital cash’ may pose the single greatest threat to personal liberty and freedom in our lifetime.
