Tag: Digital currency
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Bank of Jamaica Set to Launch Digital Currency named Jam-Dex
The Bank of Jamaica (BOJ) has disclosed that it has chosen the name, JAMAICA DIGITAL EXCHANGE – JAM-DEX, tagline, “No cash, no problem!” and logo for its digital currency, which will be launched later this year. The choices for branding of the digital currency followed a public competition the bank organised, whose panel of judges…
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Nigeria Launches Digital Currency eNaira
President Muhammadu Buhari has launched the country’s digital currency, eNaira. The event was held on Monday at the State House in Abuja, with the Vice President, Yemi Osinbajo; governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, and other dignitaries in attendance. During the launch, President Buhari said the adoption of new CBN…
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Digital Currency: Nigeria Partners with Barbados-based Bitt Inc. for e-Naira
The Central Bank of Nigeria (CBN) has announced the engagement of a Barbados-based fintech, Bitt Inc, as its technical partner for achieving the e-Naira digital currency. This was revealed in a statement by CBN’s Director of Corporate Communications, Osita Nwanisobi. The statement pointed out that the selection of Bitt Inc. from among highly competitive bidders…