Written by Radhika Parashar, Edited by Siddharth Suvarna | Wednesday December 7, 2022
The Nigerian government has now banned weekly ATM withdrawals over $225 (roughly Rs. 18,565), aiming to promote the use of its CBDC among its citizens. The eNaira was launched on October 25. The CBDC garnered over 840,000 downloads in over 270,000 active wallets within the first few weeks of its launch.
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