Nigerians' passion for crypto is stopping short at the eNaira

Cointelegraph

Published Oct 26, 2022 12:28AM ET

Updated Oct 26, 2022 02:00AM ET

Nigeria’s central bank digital currency (CBDC) is not getting the warm reception expected from its crypto-savvy population.

According to a Bloomberg report, less than 0.5% of Nigeria’s 217 million population are using the government-issued digital currency — the eNaira — a year after its launch.

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