Why Nigerian Crypto community is angry with CBN
Crypto pundits believe the action taken by the CBN was rather detrimental to the growing industry.
Crypto pundits believe the action taken by the CBN was rather detrimental to the growing industry.
At the time of writing this report, Bitcoin comfortably outmatched Nigeria's GDP with a market value of $468 billion.
Cryptos are fast becoming more popular for payment transactions around the world and Nigeria has emerged Africa's biggest market.
Nigerians millennials are fast adopting cryptos, especially as Nigerian youths seek Police reforms.
Many of these digital assets are currently breaking record highs.
Coinbase, Binance, Huobi, and Bitfinex received about 40% of all BTCs via exchanges this year.
FTX is a rapidly growing cryptocurrency exchange that has been proving itself worthy by gaining a larger share of the ...