Nigeria plans to launch its own crypto currency, called the "e-naira", in October, its central bank governor said on Tuesday.
Nigeria barred its banks and financial institutions from dealing in or facilitating transactions in cryptocurrencies in February.
Central Bank Governor Godwin Emefiele said the "e-naira" would operate as a wallet against which customers can hold existing funds in their bank account.
Reuters
Nigeria to launch digital currency, "e-naira", in Oct - central bank
Image: REUTERS/Afolabi Sotunde TPX IMAGES OF THE DAY
Nigeria plans to launch its own crypto currency, called the "e-naira", in October, its central bank governor said on Tuesday.
Nigeria barred its banks and financial institutions from dealing in or facilitating transactions in cryptocurrencies in February.
Central Bank Governor Godwin Emefiele said the "e-naira" would operate as a wallet against which customers can hold existing funds in their bank account.
Reuters
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