Nigeria bans ATM cash withdrawals over $225 a week to force use of CBDC\n\nNigeria bans ATM cash withdrawals over $225 a week to force use of CBDC\nWith](https://cointelegraph.com/news/nigeria-bans-atm-cash-withdrawals-over-225-a-week-to-force-use-of-cbdc)\nWith) the adoption of Nigeria’s eNaira Central Bank Digital Currency (CBDC) lagging, the country’s central bank imposed further cash withdrawal restrictions on its citizens and reissued new banknotes as it seeks to encourage digital financial transactions.

Nigeria bans ATM cash withdrawals over $225 a week to force use of CBDC