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Tag: crypto regulation Nigeria

Crypto Adoption in Nigeria: How Economic Pressure Is Driving Mass Adoption

Crypto Adoption in Nigeria: How Economic Pressure Is Driving Mass Adoption

Nigeria leads global crypto adoption due to economic hardship, with over 22 million users using crypto to bypass inflation, banking restrictions, and high remittance fees. Stablecoins like USDT are now everyday money.

Nigeria's Crypto Banking Ban Reversal: A Complete 2021-2025 Timeline

Nigeria's Crypto Banking Ban Reversal: A Complete 2021-2025 Timeline

Nigeria reversed its crypto banking ban in 2023 after years of underground adoption. By 2025, crypto is legally regulated under the SEC, with banks now allowed to serve licensed exchanges-though P2P trading remains dominant.

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