TOKENIZATION POLICY
The Vanderbilt Terminal for Digital Asset Policy & Regulation
INDEPENDENT INTELLIGENCE FOR TOKENIZATION POLICY, LEGISLATION & POLITICAL ECONOMY
GENIUS Act: Signed Law ▲ Jul 18 2025| MiCA Status: Live ▲ Dec 2024| CLARITY Act: Senate Pending ▲ Jul 2025| Crypto Lobbying 2024: $202M PAC ▲ Fairshake| OECD CARF Countries: 75+ ▲ +12| CBDC Projects: 130+ Active ▲ Atlantic Council| FATF Travel Rule: 73% Compliant ▲ Jun 2025| Pro-Crypto Congress: 300+ Members ▲ +91| GENIUS Act: Signed Law ▲ Jul 18 2025| MiCA Status: Live ▲ Dec 2024| CLARITY Act: Senate Pending ▲ Jul 2025| Crypto Lobbying 2024: $202M PAC ▲ Fairshake| OECD CARF Countries: 75+ ▲ +12| CBDC Projects: 130+ Active ▲ Atlantic Council| FATF Travel Rule: 73% Compliant ▲ Jun 2025| Pro-Crypto Congress: 300+ Members ▲ +91|

E-Naira

Financial Inclusion or Surveillance? The CBDC Dilemma

CBDCs promise to reach 1.4 billion unbanked people globally, but programmable central bank money carries unprecedented surveillance and control capabilities. The tension at the heart of digital currency policy.

Donovan Vanderbilt · February 24, 2026

Nigeria: Africa's Largest Crypto Market, Oscillating Between Restriction and Acceptance

Nigeria's crypto policy has swung between CBN restriction (2021 bank ban), SEC framework acceptance, e-Naira CBDC launch, and renewed crypto openness — reflecting the political economy of Africa's largest economy and most active crypto market.

Donovan Vanderbilt · February 24, 2026 · 7 min read
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