Despite Gov’t Warnings Against Crypto, Bitcoin Use Continue To Soar In Nigeria

Despite Gov’t Warnings Against Crypto, Bitcoin Use Continue To Soar In Nigeria

Despite the best efforts of the Central Bank of Nigeria (CBN) and even the country’s parliament to warn the populace against dealing with digital currencies like Bitcoin, it appears Nigerians cannot be bothered to heed those warnings. Nigerians usage of bitcoin has continued to rise even though the country’s apex bank has time and again reiterated that digital currencies are not legal tender.