Nigeria’s push to extend oversight of digital belongings aligns with latest initiatives from neighboring African nations, the place cryptocurrencies have turn out to be more and more fashionable as hedges towards inflation. In 2022, Botswana handed a legislation regulating the digital belongings sector regardless of opposition from some lawmakers within the nation. In the meantime, the Financial institution of Mauritius has been planning to launch a central financial institution digital forex, Bloomberg Information reported.
