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“# Nigeria’s central bank issues draft guidelines on eNaira CBDC project ” The Central Bank of Nigeria (CBN) has issued preliminary guidelines for its proposed eNaira digital currency. In a sensitization document sent to commercial banks in the country, the CBN outlined several design features of the central bank digital currency (CBDC). According to the…
“# Emerging economies dominate Chainalysis’ 2021 Global Crypto Adoption Index ” Vietnam, India and Pakistan are leading the world in terms of cryptocurrency adoption, underscoring the resilience of peer-to-peer monetary systems in emerging economies. Chainalysis’ 2021 Global Crypto Adoption Index evaluated 154 countries based on three key metrics: on-chain cryptocurrency value received, on-chain retail value…
“#Facebook, Google build undersea internet cables for Asia and Africa” Facebook and Google are building undersea internet cables around the world — and are betting that the investments will bring in millions of new customers. Facebook revealed Sunday that it is helping build a 7,500-mile cable connecting countries including Japan, Indonesia, the Philippines and Taiwan….
“# Nigerian crypto adoption rises despite govt crackdown ” Nigerian cryptocurrency adoption continues to rise in spite of government crackdown, with peer-to-peer (P2P) trade volume for Bitcoin posting its second strongest week on record last month. According to data from Google Trends, Nigeria still ranks number by search interest for the keyword “Bitcoin” as of…
“# Nigeria to pilot central bank digital currency in October ” For much of 2021, the Central Bank of Nigeria (CBN) has been in the headlines for its anti-cryptocurrency measures. Yet, the institution has this week redoubled its investment and research into crypto’s underlying technology, blockchain, and has set a clear date for the pilot…
“#CDC monitoring 200 people in 27 states for monkeypox” The CDC is monitoring more than 200 people in 27 states for possible exposure to monkeypox, after they were in contact with a Texan who contracted the rare disease in Nigeria earlier this month. No additional cases of the smallpox-related disease have been detected in the…
“#Israeli filmmakers arrested in Nigeria: report” A trio of Israeli filmmakers, including a Columbia University graduate, shooting a documentary in Nigeria about obscure Jewish communities were arrested after they allegedly came into contact with anti-government separatists, reports said Wednesday. The arrests of Rudy Rochman, who founded the university’s Students Supporting Israel activist group, Andrew (Noam) Leibman…
“# Nigerian secondary school will accept crypto payments despite regulatory uncertainty ” A private secondary school based near the Nigerian city of Kano has announced it will be accepting payments for school fees in cryptocurrency amid the country’s central bank banning financial institutions providing services to crypto exchanges. According to a Thursday report from local…
“# Nigeria’s comms minister links blockchain to national digital innovation efforts ” Speaking during Wednesday’s annual Digital Africa Conference, Isa Pantami, Nigeria’s Minister of Communications and Digital Economy, identified blockchain as part of the government’s focus on emerging technologies, according to a report by Voice of Nigeria. Highlighting the conference theme — “Building a New…
“# Nigeria’s central bank plans CBDC pilot launch before the end of 2021 ” Rakiya Mohammed, an IT specialist at the Central Bank of Nigeria (CBN) has announced that the apex bank is making efforts to float a central bank digital currency in the country. According to a report by People’s Gazette, Mohammed made this…