From ban to blueprint: Nigeria’s strategic shift on virtual assets
AI Summary
Nigeria has shifted its stance on virtual assets, moving from banning to formulating strategic policies. The country ranked second globally in crypto adoption in 2024 and has been a major hub for stablecoin inflows in sub-Saharan Africa since 2019.
Nigeria ranked second globally in the 2024 Global Crypto Adoption Index and sixth in 2025, and has accounted for about 60 per cent of stablecoin inflows into sub-Saharan Africa since 2019. The post From ban to blueprint: Nigeria’s strategic shift on virtual assets appeared first on Nairametrics.