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Nigeria: A 43% drop in Bitcoin P2P trading volumes thanks to…
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Nigeria has been taking extreme steps to thwart crypto-transactions in the country, of late. Consequently, the result of these measures has been falling Bitcoin peer-to-peer [P2P] trading volume. As per data provided by UsefulTulips, the country’s P2P transactions have dropped by 43%.
It may continue to spiral down as the Central Bank of Nigeria [CBN] strengthens its grip on existing crypto-users in the country.
Source: UsefulTulips
According to the aforementioned data, Nigeria reported a weekly
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