Photo by Nupo Deyon Daniel via Unsplash

Lagos, the capital city of Nigeria, as "a crypto-hub"

By Vladan Lausevic | CryptoVlad | 8 Feb 2023


This week, there are reports and articles in the media in Africa mentioning Lagos, the capital city of Nigeria, as a crypto-hub. This is very interesting because Nigeria, or better said the Nigerian government, is seen as one of the most negative and anti-crypto governments worldwide. Much of the anti-crypto behaviors are coming from the Nigerian central bank. 

When it comes to Lagos, it is reported according to a study company called Recap the city is the only one from Africa getting up to the top 20 list worldwide. Thereby, one can say that Lagos is the leading and biggest crypto-city in Africa. Among the factors are the number of crypto users, companies and initiatives. 

The study made by Recap shows that crypto-cities are in both Global South and Global North areas, for example, in Thailand and Switzerland. 

 

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Vladan Lausevic
Vladan Lausevic

Based in Stockholm, Sweden as a social entrepreneur. Working with decentralization of democracy, climate transformation and economy. For more info, please get in touch with me via [email protected]


CryptoVlad
CryptoVlad

Welcome to my blog about crypto in relation to global governance, democracy, climate transformation, media and social progress. For more details, please contact me via [email protected]

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