In 2017, two of Nigeria’s most important regulatory authorities — the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) released circulars denouncing cryptocurrencies.
At this point, you must already be fantasizing about how valuable cryptocurrencies must be now and how crypto traders must be smiling to the bank. Unfortunately, that is nowhere near reality. Holders of the popular cryptocurrency, Bitcoin, have been counting their woes since the novel virus went on a global rampage. Here is why.