• Nigerians stake $398.5m on two exchanges in one year• Transactions increase by 50 per cent since CBN restriction• Dip throwing more people into financial crisis• Deposit mobilisation threatened as stable coins gain popularityA serious crisis may be looming as an increasing number of Nigerian youths take to the wide-swing digital currency investment, notwithstanding a financial regulatory restriction the Central Bank of Nigeria (CBN) imposed in February. xxxxxxxx

Source: The Guardian July 07, 2021 03:45 UTC