CBN may launch digital currency end of 2021 - Official - Punch Newspapers

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The Central Bank of Nigeria on Thursday said that its digital currency might be launched by the end of 2021.

This was disclosed by an Information Technology Specialist at CBN, Rakiyat Mohammed, during a news briefing at the end of the Bankers Committee meeting held in Lagos.

According to her, CBN has been exploring digital currency technology for over two years and has made tremendous progress. “Before the end of the year, the Central Bank will be making a special announcement and possibly launching a pilot scheme in order to be able to provide this kind of currency to the populace,” she said.

Mohammed revealed that the currency will complement cash notes when it eventually becomes operational. She further revealed the consideration and implementation of digital currency by the CBN is fuelled by the need to make remittances travel easier from abroad to Nigeria.

 

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Till then

Animal.... senseless and useless government

Nobody will buy

Launch digital currency by the same school that stop banks from operating crypto transactions?

them.wan thief again

Good development. We'll have more battles to fight. Naira against Dollar, Nigerian crypto against bitcoin. Whatever this people are smoking, I need it to get high. cryptoworld June12thProtest Bitcoin TwitterBanNigeria

Thunder fire hypocrites

If the Nigerian GOVERNMENT launches her own coin then it should never be termed ‘decentralized’

They ban crypto only to start their own digital currency. They ban Twitter only to move on to some Twitter look alike. joor is it ment or just copy copy?

But would anyone in their right mind buy it.

Institution that cannot manage naira, be deceiving yourselves at Nigeria government

Na only them and malami go use am, fucking puppets

DOA🙄

😂😂😂

That currency will rug in less than one month. How would you expect the CBN to maintain a digital currency,when it's having difficulties even maintaining the fiat system. It's a no-no for me. Project failure❌

Lol

Aminah_mohh Nicho_me AmbeEdet alayo_04 crypto lords! Are you ready for this one?

Them dey mad

🤣 🤣 🤣 🤣 🤣

This is the dip that will kill gbogbo awon 'do crypto do crypto' ✍️

And 1 dollar = 420 1 Bitcoin = 15m 1 Nigerian digital currency = 000000000000000000000000000

Let buy the dip ... Even AGF malami will buy the dip we all into crypto

Really?

No comments

It will loose value just like Naira. No be APC again?

The one wey BUHARI go still bound? I beg make una help us do another thing

It’s ok

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