Nigerian Cryptocurrency: Exploring Blockchain Innovation and Financial Freedom in Africa

· Bitcoin ATM Book 7 · One Billion Knowledgeable
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328
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About this ebook

Explore the crossroads of cryptocurrency and political science through the lens of Nigeria’s evolving digital economy. Nigerian Cryptocurrency, part of the Bitcoin ATM series by Fouad Sabry, offers a compelling examination of digital currency in Nigeria—an essential case study in understanding how politics, economics, and technology converge. This book is vital for anyone looking to grasp the broader implications of cryptocurrency policy and regulation within developing nations.

Chapters Brief Overview:


1: Cryptocurrency in Nigeria: Examines Nigeria’s unique role in Africa’s crypto adoption and regulatory environment.


2: MMM Global: Reveals how a Ponzi scheme shaped public trust in cryptocurrency in Nigeria.


3: Nigerian naira: Explores how inflation and monetary policy push citizens toward digital alternatives.


4: Central Bank of Nigeria: Analyzes the bank's stance on crypto and its impact on financial innovation.


5: Sergei Mavrodi: Delves into the life of the MMM founder and his influence on Nigeria’s crypto scene.


6: Bitconnect: Details another highprofile scam that parallels Nigeria's crypto challenges.


7: History of bitcoin: Outlines Bitcoin’s origins and why it resonates with Nigeria’s youth and entrepreneurs.


8: Legality of cryptocurrency by country or territory: Surveys global regulatory trends to contextualize Nigeria’s legal stance.


9: Virtual currency: Clarifies the technical and legal definitions shaping the cryptocurrency debate.


10: Cryptocurrency bubble: Evaluates speculative trends and their social impact in Nigeria’s market.


11: Economics of bitcoin: Breaks down Bitcoin’s economic design and implications for monetary freedom.


12: Cryptocurrency: Defines key concepts, highlighting the role of decentralization and blockchain.


13: Bitcoin: Focuses on Bitcoin’s rise as a global asset and its growing use in Nigeria.


14: Binance: Profiles the exchange’s presence in Nigeria and its role in local crypto adoption.


15: Quadriga (company): Details a failed exchange, stressing the need for regulation and investor protection.


16: Digital currency: Discusses the evolution of money in a digitized global economy.


17: Virtual currency law in the United States: Compares U.S. legal frameworks with Nigeria’s regulatory developments.


18: Cryptocurrency exchange: Explains how platforms operate and the risks and benefits they bring to Nigeria.


19: Initial coin offering: Looks at ICOs and how they shaped fundraising in Nigeria’s crypto space.


20: Cryptocurrency tracing: Explores forensic methods to track transactions and combat cryptoenabled crime.


21: Cryptocurrency and crime: Examines digital currency’s role in fraud, money laundering, and policy response.


This volume serves as a comprehensive resource for professionals, students, and enthusiasts alike. Whether you're a policymaker, investor, academic, or curious learner, Nigerian Cryptocurrency equips you with the critical insight to navigate one of the most dynamic intersections of finance and governance today.

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