What do you guys think, is this intentional or just the natural result of weak monetary policies? And will CBN eventually have no choice but to regulate Bitcoin instead of fighting it?
You already answered yourself that people’s migration to the adoption of cryptocurrencies is more as a result of the natural result of weak monetary policies And typically I don’t want the government regulate cryptocurrencies but as it stands now, the government is already having a good stand in the cryptocurrency decision making of the country and as we all, almost all the exchanges are getting centralized and registered to be able to operate in the country and just as we all know, we need to get KYC done to enjoy full privileges of the exchange.