devaluation

Data from analytics firm Chainalysis shows that in May, Nigerians received a marked increase in crypto compared to last December.Observers say this is partly due to the central bank’s recent currency devaluation, which weakened the naira to its lowest ever level against the dollar.The resulting boom in crypto activity lends support to the idea that cryptocurrency provides a … [Read more...] about Currency devaluation in Nigeria is driving a crypto boom in the country