Nigerian Cryptocurrency

In the rapidly evolving world of cryptocurrency, understanding its legality across different nations is not only important for investors and regulators but also for anyone involved in the digital finance ecosystem. “Nigerian Cryptocurrency” provides a comprehensive exploration of the regulatory landscape, focusing on Nigeria’s approach to cryptocurrency, offering critical insights into how these digital assets are shaping global economies. Whether you're a professional, an undergraduate or graduate student, or simply an enthusiast of emerging technologies, this book offers a deep dive into the complexities and nuances of cryptocurrency legality.

Chapters Brief Overview:

1: Cryptocurrency in Nigeria: An overview of Nigeria’s growing interest in cryptocurrency and the government's stance on it.

2: Nigerian naira: Examines the relationship between the Nigerian currency and cryptocurrencies, especially Bitcoin.

3: Legality of cryptocurrency by country or territory: A global perspective on how different countries handle cryptocurrency legality.

4: Cryptocurrency bubble: A look into the speculative nature of cryptocurrency markets and the potential risks of bubbles.

5: Virtual currency: An explanation of virtual currencies and their classification in both legal and economic contexts.

6: Cryptocurrency and crime: Investigates the intersection of cryptocurrency use and illegal activities, including fraud and money laundering.

7: Central Bank of Nigeria: An analysis of the role of Nigeria’s central bank in regulating cryptocurrency activities.

8: Cryptocurrency exchange: Delves into the operational mechanics of exchanges and how they influence cryptocurrency legality.

9: Binance: A case study of Binance, one of the world’s largest cryptocurrency exchanges, and its regulatory challenges.

10: Cryptocurrency tracing: Discusses tools and methods for tracking cryptocurrency transactions and their legal implications.

11: MMM Global: A deep dive into the infamous MMM Global scheme and its legal aftermath, highlighting the risks involved.

12: Initial coin offering: An exploration of ICOs and their legal landscape in Nigeria and globally.

13: History of bitcoin: Traces the origins of Bitcoin, explaining its revolutionary impact on finance and the digital economy.

14: Bitcoin: Focuses on Bitcoin’s role in the cryptocurrency market and its legal status in various jurisdictions.

15: Sergei Mavrodi: A look at the controversial figure Sergei Mavrodi and his influence on cryptocurrency scams and legality.

16: Economics of bitcoin: An analysis of Bitcoin’s economic model, including its volatility and use as a store of value.

17: Cryptocurrency: Broadly explores the various types of cryptocurrencies and the legal challenges they face in Nigeria and beyond.

18: Digital currency: Investigates the rise of digital currencies, including their legal recognition and economic potential.

19: Bitconnect: Focuses on the Bitconnect scheme, its rise and fall, and the legal ramifications for participants and regulators.

20: Virtual currency law in the United States: Explores how the U.S. has approached virtual currency legislation and its global impact.

21: Quadriga (company): A case study on the Quadriga exchange collapse, examining the legal failures and lessons learned.

This book provides an essential understanding of cryptocurrency within a political and legal context, ensuring readers gain both theoretical and practical insights. With a focus on Nigerian legislation, global trends, and the economic implications of digital currencies, it is a mustread for anyone looking to stay ahead in the evolving world of cryptocurrency legality.