Tag: CBDC adoption
Opportunities and Challenges of Cryptocurrency Adoption in Seychelles
A nationwide survey showed an estimated 1257 crypto owners exist among 100,000 people.
Virtual Asset Service Providers or VASP companies must have a...
Nigeria 2023 elections: Is the Naira Scarcity a ploy to force eNaira adoption?
At the beginning of February 2023, commercial banks in cities and towns could not swap old currency notes with newly designed naira notes
...
Impact of stablecoins and CBDCs to Africa’s digital economy
Nigeria, commonly known for its rapid growth in Africa's digital economy, was the first African country to roll out a CBDC, the eNaira....
Canadian government takes interest in crypto and CBDC
The Federal Government of Canada recently announced it was officially launching a consultation on cryptocurrencies, stablecoins and CBDCs
This is a step for...
The state of crypto and CBDC adoption in Tanzania
President Hassan's comments and actions on improving Tanzania's cryptocurrency reflect how open she is to foreign investment
The Bank of Tanzania has sent...
The case for and against CBDCs
One of the pain points with cryptocurrencies is how they can be used for illicit dealings. Not unique but a real challenge, the idea of Central Bank Digital Currency (CBDC) is to remedy this by having a digital currency issued and supervised by a central bank. While this flies in the face of one of the more popular cryptocurrency features, decentralisation, it's something many agree is needed moving forward.
