Nigerian Central Bank Slashes CBDC Transaction Fees by 50%

The Central Bank of Nigeria has said it is slashing transaction fees for the e-naira platform by 50% — a move which the bank claims will increase the volume of transactions on the central bank digital currency (CBDC) platform. The central bank also believes that wider adoption of the CBDC will bolster Nigeria’s cross-border trade … Read more

Bolt Acquires Wyre for $1.5 Billion, Firm Aims to ‘Decentralize Commerce’

On Thursday, the payments and checkout and shopper network, Bolt has announced the firm plans to acquire the digital currency provider Wyre in a $1.5 billion deal. Bolt has explained the acquisition is aimed at bolstering cryptocurrency services and “the opportunity of Web3.” Payments and Checkout Firm Bolt Acquires Wyre The e-commerce platform Bolt has … Read more

Ebay CEO Talks NFTs and Crypto, Exec Says Company Continues to ‘Evaluate Other Forms of Payments’

The president and chief executive officer of Ebay, Jamie Iannone, discussed the possibility of digital currency acceptance on the online auction website and non-fungible token (NFT) sales in a recent interview published on February 27. Iannone stressed that currently, Ebay doesn’t accept cryptocurrencies but in March, the company plans to go “deeper on all of … Read more