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Nigeria to launch digital currency, "e-naira", in Oct - central bank

  Nigeria's Central Bank Governor Godwin Emefiele briefis the media during the MPC meeting in Abuja, Nigeria January 247 2021, t Authur Afolabi Sotunde  - 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. Reporting By Chijioke Ohuocha; Writing by Libby George; Editing by Alison Williams

China's Digital Yuan takes off past $5.3 Billion in Transactions As Bitcoin Dives

TodayChina's cryptocurrency Yuan Takes off Past $5.3 Billion in Exchanges As Bitcoin Dives.  .BackCentralized.  Individuals' Bank of China (PBOC) declared the country's advanced cash, e-CNY, has outperformed more than $5.3 billion (34.5 billion yuan) in exchanges in the midst of expanded limitations on the mining and use of digital forms of money like Bitcoin.  That sum was spread across more than 70.7 million exchanges, PBOC said, between the 20.8 million people and 3.5 million organizations with e-CNY wallets. Those numbers may appear to be low contrasted with China's populace of 1.4 billion individuals, yet the computerized cash is as yet being tried in front of its authority debut.  "Up until now," PBOC said on its English language site, "as the high level plan, work advancement, and framework testing has been fundamentally finished, the PBOC has started test cases programs in some agent districts while ensuring the pilots run in a consistent, safe, o...