NBR completed their e-FRW CBDC proof-of-concept in October and just greenlit a 12-month pilot — Bybit picking this exact moment to list FRW P2P pairs reads like trying to front-run state-controlled digital money rails. Same playbook Binance ran in Nigeria before getting slapped. African central banks are telegraphing a clear pattern: lock down unauthorized fiat-crypto on-ramps first, then funnel all digital payments through their own CBDC infrastructure once it's live.

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