More Nigerians are investing in crypto; is the regulator right to be concerned about investor protection?
More Nigerians are turning to crypto not for speculation, but to save, invest, and preserve value amid inflation and currency instability. A new report shows that over 26 million Nigerians now hold or use digital assets, with most identifying as long-term investors or savers. This shift from trading to financial preservation and crypto's utility in consumer finance has outpaced regulation, as the SEC’s capital-market rules struggle to fit a market driven by small-scale users seeking stability rather than profit.
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More Nigerians are investing in crypto; is the regulator right to be concerned about investor protection?
More Nigerians are turning to crypto not for speculation, but to save, invest, and preserve value amid inflation and currency instability. A new report shows that over 26 million Nigerians now hold or use digital assets, with most identifying as long-term investors or savers. This shift from trading to financial preservation and crypto's utility in consumer finance has outpaced regulation, as the SEC’s capital-market rules struggle to fit a market driven by small-scale users seeking stability rather than profit.
Read Full Story