Nigerian central bank selects Fintech Bitt as CBDC technology partner

2021-8-31 14:30
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The Central Bank of Nigeria (CBN) announced on March 31 that it had selected Bitt Global Financial Corporation as the technology partner of its digital banking partner (CBDC). Nigeria's financial institutions have said that CBDCs can boost countries' economies, strengthen the functioning of fiscal policy, increase payment efficiency, and improve taxes. Knowledge of platform security and collaboration. Bitt helped the Eastern Caribbean Central Bank (ECCCB) develop a CBDC pilot project for April 2021. According to previous reports, the Central Bank of Nigeria will announce the digital currency trial on October 1, 2021.

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2021-8-31 14:30