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eNaira slowly gains traction post-launch amidst glitches
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cointelegraph.comThe rollout of the world's second central bank digital currency, or CBDC, is off to a rocky start. Last week, Nigeria rolled out its eNaira CBDC after the Bahamas became the first country in the world to launch theirs, known as The Sand Dollar, the year prior.
In a statement quoted by local news outlet The Nation, Central Bank of Nigeria, or CBN, Governor Godwin Emefiele said "overwhelming interest and encouraging response". Similarly, President Muhammadu Buhari estimates that the eNaira could generate an additional $29 billion in economic activity over the next decade, citing the possibility of direct government welfare payments via the digital currency.
According to Emefiele, since its launch on Oct. 25, 33 banks, 2,000 customers, and 120
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