Nigeria’s interest in Bitcoin unfazed by regulatory restrictions
Notably, Lagos, Nigeria’s commercial nerve center, falls outside the top 15 cities regarding Google search interest for Bitcoin.
Despite President Tinubu’s administration’s crackdown on peer-to-peer (P2P) cryptocurrency trading, which has sparked outrage among many young Nigerians, their enthusiasm for Bitcoin remains unabated.
According to Google Trends statistics, Nigeria, Africa’s largest cryptocurrency market, is currently the country with the highest interest in Bitcoin (BTC), followed closely by El Salvador.
Geographic analysis reveals that Delta state leads the pack in Bitcoin interest, trailed by states like Anambra, Ekiti, Enugu, Ondo, Ebonyi, Bayelsa, Osun, Edo, and Imo. Notably, Lagos, Nigeria’s commercial nerve center, falls outside the top 15 cities regarding Google search interest for Bitcoin.
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Author: Amaka Nwaokocha
