CBN to launch digital currency on Independence Day
At a recent press briefing, the IT Director, Rakiya Mohammed, confirmed this development and noted that the apex bank has studied the digital currency landscape since 2017.
PM NEWS notes that the digital currency initiative is tagged Project GIANT, and it will use the Hyperledger Fabric Blockchain.
Recall that CBN’s Governor, Godwin Emefiele had announced that the bank was working on a digital currency during the 306th Banker’s Committee meeting.