Digital currencies have found a major backer in a Nigerian presidential candidate, who expresses confidence in their potential and rejects the concept that they might destabilize an economy.
Bukola Saraki, one of the Peoples Democratic Party’s 15 presidential candidates in Nigeria’s approaching election, agreed that digital currencies can truly benefit the nation’s youth.
Bukola Saraki, one of the Peoples Democratic Party’s fifteen presidential candidates in Nigeria’s approaching election, agreed that digital currencies can truly benefit the nation’s youth. ormer Senate President Saraki asserts that he is the best candidate to lead Nigeria in 2023 and emphasizes the necessity to enact regulations governing players in this field.
Digital Currencies Benefit The Youth, Saraki Says
“I believe that digital currencies have contributed to create jobs and opportunities, particularly for the younger generation. And I support initiatives that produce jobs and a conducive atmosphere for people to conduct business “Saraki said.
As of April this year, the cryptocurrency exchange Kucoin estimated that approximately 34 million Nigerians trade or hold crypto assets despite the Central Bank of Nigeria’s limitations on cryptocurrency transactions.
According to Jennifer Echenim, a Lagos-based software developer, the use of digital currency is increasing because organizations and individuals are continuously looking for ways to retain value.
