IMF Tells Nigerians— ENaira Better Than Bitcoin, Ethereum, Others

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The International Monetary Fund has declared central bank digital currencies like eNaira are a better bet than cryptocurrencies.

IMF managing director, Kristalina Georgieva said countries were exploring CBDCs and that it would soon become a mainstay.

She added that to become familiar with digital money, central banks are getting to build up their ability to harness new technologies.

– The Parrot

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