RE: This is why Nigeria is not a cryptocurrency hotspot

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Fair point. Nigeria has the largest trade volume in Africa but that is derived from international businesses KYC data, rather than from businesess running in the country.

My view is that, while the people have embraced itz the Government and powers that be have taken a middle ground of sorts, and if you add that to the uncertainty revolving around everything in the country, it becomes an unfavorable place to establish a crypto based business.

Compare that to Seychelles where there are specific guidelines and rules set up by the government to protect these sort of businesses. In Nigeria, it is still a jungle and that means bad for business

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