Tag: Nigeria crypto ban

How Nigeria's Underground Crypto Economy Thrived During the Ban

How Nigeria's Underground Crypto Economy Thrived During the Ban

Despite Nigeria's 2021 ban on bank-backed crypto transactions, peer-to-peer trading exploded. Nigerians built a thriving underground economy using WhatsApp, Telegram, and Binance P2P-becoming the world's second-most crypto-adoption-heavy nation.

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