'Cryptocurrencies Like Bitcoin Make Global Commerce Easy' — Founder of Nigerian Crypto Exchange – Interview Bitcoin News

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'Cryptocurrencies Like Bitcoin Make Global Commerce Easy' — Founder of Nigerian Crypto Exchange – Interview Bitcoin News
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'I think that another reason why people are resisting the CBDC is that there’s been no widespread sensitization,' said Benjamin Eseoghene. cbdc digitalcurrency roqqu

'Cryptocurrencies Like Bitcoin Make Global Commerce Easy' — Founder of Nigerian Crypto Exchange

the CBN’s digital currency — the e-naira. Despite the central bank’s attempts to present the e-naira as an alternative to cryptocurrencies, local residents seemingly still prefer the latter. According to Benjamin Eseoghene, the founder and CEO of a local crypto exchange, the residents’ reluctance to use the e-naira could be tied to the CBN’s failure to fully sensitize the masses about it.recently received approval to operate in Europe, told Bitcoin.

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Let’s face it: Nigerians are very interested in cryptocurrencies. The country’s cryptocurrency trade has grown astronomically during the last few years. Nigeria is the largest cryptocurrency market in Africa, with the second-highest volume of bitcoin trades globally, after the United States. According to data from QZ Africa, a reported $400 million worth of cryptocurrencies were exchanged in the nation last year.

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