eNaira

Girl fascinated by stablecoins sitting on USD piggy bank.
CBDCs
Stablecoin Market Cap Hits 8-Month Highs Amid CBDC Challenges

Stablecoins are experiencing a resurgence reaching their highest market cap levels since April 2022, while CBDCs face slow adoption.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Man posing with a big physical Bitcoin.
CBDCs
New Nigerian Stablecoin Hopes to Disrupt eNaira Adoption

Nigeria's crypto sphere awaits transformation as the cNGN stablecoin pilot launch paves the way for financial innovation and evolution.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Nigerian lady holding a gold bag of DeFi in a gold bag.
Regulations
Nigeria Turns to Crypto as Currency Crisis Deepens

Crypto trading volume in Nigeria leads the Sub-Saharan region amid worsening economic conditions in the region.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
A man sitting on blockchain network holding digital pound in London UK.
CBDCs
Digital Pound Could Be a New Form of Payment: UK Finance Minister

Bank of England and Finance Ministry will launch a public consultation to gather opinions on establishing the Digital Pound.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Human next to stacks of crypto coins on green background
Regulations
Nigeria to Introduce Bill That Recognizes the Use of Cryptocurrency

An amendment to the 2 Investment and Securities Act of 2007 will allow cryptocurrency use in Nigeria.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp