Out of control and rising: why bitcoin has Nigeria’s government in a panic | Curio

Out of control and rising: why bitcoin has Nigeria’s government in a panic

11 mins | Aug 10, 2021

Could cryptocurrencies offer more stability than the plunging naira? As leaders worldwide grapple with cryptocurrencies, what happened when the African country tried to ban them? Emmanuel Akinwotu explores the stunning rise of crypto in Nigeria, revealing how their government’s attempt to control these currencies holds many lessons for others looking to do the same.

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From The Guardian

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