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Home Business Digital Currency: Nigerian coin transition is coming out soon— CBN

Digital Currency: Nigerian coin transition is coming out soon— CBN

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The Central Bank of Nigeria (CBN) has said that as the bank continues to face questions over its ban on cryptocurrency transactions in the country.

The governor of the CBN, Godwin Emefiele, said this while addressing journalists after a two-day meeting of the Monetary Policy Committee in Abuja.

He said the idea of a digital currency would soon become a reality in the country, and that the central bank has already set up its committee, which is working on the concept.

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