The Central Bank of Nigeria announced it will begin, effective in January, restricting cash withdrawals from banks and ATMs to just $45 per day as part of a push to move the country toward a cashless economy.
If this were a one-off, I wouldn’t bother writing about it. But it comes on the heels of mega-banks announcing similarly creepy new policies in recent months in China, India, Russia, Brazil, Sweden, the U.S. and many other nations, all pointing to an imminent switch over to a global digital money system.
LeoHohmann.com 