In fact, Nigeria would possibly do effectively to welcome the crypto trade to the nation, which can assist jumpstart a monetary companies trade and contribute to the nationwide coffers. Notably, after Gambaryan and Anjarwalla’s arrest, a Binance spokesperson mentioned that Nigeria was “not but” one in every of its high markets, although the nation, with a inhabitants of greater than 200 million individuals, holds “extraordinary potential and we hope to proceed to take a position there.”