Bitcoin Soars In Nigeria As Government Promotes Digital Cash

By Bitcoinist - 1 bhliain ó shin - Am Léitheoireachta: 2 nóiméad

Bitcoin Soars In Nigeria As Government Promotes Digital Cash

Bitcoin (BTC) has seen an exponential increase in demand in Nigeria as the country’s central bank encourages the population to switch to digital cash. As a result, the price of Bitcoin has escalated tremendously above global market levels. 

The cost of one Bitcoin on Nigeria’s Crypto exchange NairaEx is currently trading at around 17.6 million Naira, Nigeria’s currency, equivalent to $38,200 U.S. dollars. This represents an increase of almost 60% compared to Bitcoin’s current price of $23,150 as of this writing. 

Nigeria Bets On Bitcoin And Digital Assets Adoption 

An Bitcoin pump in this Nigeria’s cryptocurrency exchange comes after the country’s central bank began limiting over-the-counter (OTC) cash withdrawals by individuals and corporate organizations per week. 

Ní cheadaíonn an beartas teorann aistarraingthe seo ach do Nigéirigh uasmhéid 20,000 Naira (NGN), fiú thart ar $43, a tharraingt siar ó UMBanna na tíre in aghaidh an lae, agus le teorainn de 100,000 NGN, ar fiú $217 é.

An litir foilsithe in December 2022, in which the Central Bank of Nigeria redesigned its policy regarding cash withdrawal limit, has resulted in a premium being added to the price of Bitcoin in the African country. 

Tá sé mar aidhm ag an mbeart seo sciúradh airgid a líomhnaítear a dhíchur agus boilsciú a laghdú i dtír na hAfraice, a bhí sa tuarascáil dheireanach de ráta boilscithe na Nigéire ag 21.34% i mí na Nollag 2022. Thit sé beagán ó bhuaic 21.47%.

Thug Banc Ceannais na Nigéire go dtí an 24 Eanáir freisin do na Nigéirigh chun a gcuid sean-nótaí bainc ard-ainmníochta a mhalartú le haghaidh an airgeadra nua. Chuir an beart seo corraíl sa daonra; thuairiscigh daoine go raibh an spriocdháta ró-ghearr, rud a d’fhág gur cuireadh síneadh leis. 

Gaol Fada na Nigéire Le Sócmhainní Crypto

Tá Banc Ceannais na Nigéire tar éis teacht ar bhealach fada ag glacadh le hairgeadraí digiteacha. In 2021, d'eisigh an Banc Ceannais ciorclán chuig gach institiúid airgeadais chun stop a chur le seirbhísí a sholáthar do mhalartuithe cripte. D'iarr sé freisin go dúnadh cuntais daoine aonair agus cuideachtaí a úsáideann cryptocurrencies go gníomhach agus a thrádáil i sócmhainní digiteacha.

A few months later, Nigeria planned to pass a law recognizing Bitcoin and digital assets as capital for investment. This industry has generated a lot of interest and alternatives to diversify capital and provide solutions to economic problems in different countries.

Cuireadh an dlí seo i bhfeidhm nuair a theip ar bhanc ceannais na tíre Airgeadra Digiteach an Bhainc Ceannais (CBDC) a thabhairt isteach. Níor ghlac agus ghlac an daonra leis an tsócmhainn dhigiteach seo, ar a dtugtar an e-Naira, anuraidh, le ráta uchtaithe de 0.5%.

Nigeria has also been in talks with Binance, the world’s number one crypto exchange, to develop an economic zone to support crypto and blockchain businesses in the region.

Bitcoin has begun a correction as of press time, falling 4.6% in the last 24 hours. And 0.1% down in the last seven days in the global markets. Investors expect the Federal Open Market Committee (FOMC) meeting tomorrow to have an impact in the price action. 

Foinse bunaidh: BitcoinIs é