CBN says the proposed central bank digital currency will offer parity of value and will operate as a non-interest-bearing CBDC.
The Central Bank of Nigeria (CBN) has issued preliminary guidelines for its proposed eNaira digital currency.In a sensitization document sent to commercial banks in the country, the CBN outlined several design features of the central bank digital currency (CBDC).According to the document seen by Cointelegraph, Nigeria’s CBDC is codenamed “Project Giant” and will be pegged to the value of the naira.Thus, the eNaira will offer parity of value but will not be an interest-bearing currency. The eNaira will run alongside the country’s fiat currency with the CBN responsible for issuing, distributing and redeeming the digital currency among other monitoring and management functions.Based on the sensitization document, Nigeria’s CBDC will function under a tiered Anti-Money Laundering and Know Your
Źródło: https://cointelegraph.com/news/nigeria-s-central-bank-issues-draft-guidelines-on-enaira-cbdc-project
