🇳🇬 Nigeria, Africa's most populous country, saw a 9% YoY surge in crypto transactions, reaching $56.7 billion amid economic challenges. As the naira weakened, interest in Bitcoin and stablecoins rose, with the naira dropping 45% against the U.S. dollar in six months.

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Despite a 2021 crypto ban, Nigeria aims for regulatory balance, recently introducing digital asset regulations. Chainalysis report ranks Nigeria as the second-most active crypto country globally!

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