Crypto Risk and Opportunities: A New Banking Paradigm
Crypto assets are transforming the financial landscape in Sub-Saharan Africa. Between July 2023 and June 2024, Chainalysis data revealed that Sub-Saharan Africa accounted for roughly $125B in on-chain value1 , with Nigeria contributing $59B, as depicted in Figure 1 below.
Figure 1:
Sub-Saharan Africa – Countries by cryptocurrency value received, July 2023 – June 2024
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