Nigeria turns to cryptocurrency for business

Oct 14, 2021, 08:55 AM(IST) WION Video Team
For many in Nigeria, the appetite for cryptocurrency has increased. They're turning to crypto for business, to protect their savings as the naira loses value and also to send payments abroad. All this, despite disapproval by the financial authorities. Nigeria's central bank barred local banks from working with cryptocurrency. Warning of severe regulatory sanctions. Take a look at this report.
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