Nigeria’s crypto reputation will prevail despite recent setbacks: Exchange chief

Oladotun Akangbe, CMO of Flincap, noted controversies in the Nigerian crypto space are to be expected, considering the country’s growth in crypto use.

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Nigeria’s global reputation in cryptocurrency is in potential jeopardy due to recent government crackdowns on local exchanges. Nonetheless, Oladotun Wilfred Akangbe, Chief Marketing Officer of Flincap crypto exchange, believes the country can weather this storm.

In an interview with Cointelegraph, Akangbe expressed concerns about Nigeria’s image in the international crypto market following these events. However, he noted that Nigeria has overcome more severe setbacks in the past.

In February, the Nigerian government prevented local crypto users from accessing the websites of various crypto exchanges like Binance, OctaFX and others using the country's telecommunication providers.

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