Tag: Alternative Payments

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Nigerian Central Bank Warns Counterfeiters as Residents Reportedly Grapple With Cash Shortages

December 13, 2023

As Nigeria grapples with cash shortages, the country’s central bank warned of the presence of counterfeit, higher-denomination naira banknotes. The bank has urged members of the public to report anyone suspected of falsifying or counterfeiting the banknotes. Central Bank Collaborates With Nigerian Agencies The Central Bank of Nigeria (CBN) has issued a warning to residents…
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Russian IT Firms Lobby for Crypto Payments in Software Exports

November 12, 2022

Companies developing software solutions for foreign customers are urging Russian authorities to allow them to accept crypto payments. The proposal is part of a package of measures aimed at supporting IT exports suggested by an industry organization to the executive power in Moscow. IT Businesses Call on Russian Government to Permit Cross-Border Crypto Settlements Russian…
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