Digital Freedom

Voice of Reasoning

Why CBN’s New Guidelines Cast a Cloud on Nigerian Crypto Traders

The new guidelines, instead of paving a pathway for prosperity, seem to pose a potential peril to the pulsating crypto pulse. In the recent Human Freedom Index (HFI), co-published by the Cato Institute and Fraser Institute, Nigeria is placed at 118th, a rank too poor for Africa’s biggest economy. Most of the countries that rank highly in the Human Freedom Index invest in cryptocurrency.

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