Africa’s First Test Run for a CBDC has Failed

Africa’s First Test Run for a CBDC has Failed

by Martin Armstrong, Armstrong Economics: The transition to CBDC in Nigeria did not go as planned. The elites always seek out African nations to use as their test subjects. Nigeria attempted to slowly roll out the program dubbed eNaria built on the Hyperleger Fabric blockchain. The Central Bank of Nigeria (CBN) is solely responsible for running the […]