It is both nice and disappointing to see that Nigeria is on the list at number 39, the second African country after South Africa. I feel we could have been higher up in the list with our very high crypto involvement had our government not made the environment less friendly with unnecessary regulations and sanctions threatened for those involved in crypto. Not for so long though, i believe that in a couple years, a new government must have take power and hopefully a better favourably crypto environment will flourish, Nigeria should be amongst the first twenty.
In the terms of this statistics, i can agree with you that the Nigerian government stance on crypto is probably the reason why Nigeria is rank far behind in the position of 39th.
But if we should speak in terms of reality, i did tell you that Nigerian government banning crypto transactions in Nigeria was a blessing in disguise for crypto adoption in the country, a lot of people didn't know what crypto was until the ban, the ban was indirectly a form of marketing for crypto, i am tell you this from my experience, i currently have some new crypto buddies who said, they never knew what Bitcoin or crypto was, though they have been hearing the name, they said they decided to really know what crypto was after the ban was announce, and today, they are almost pro crypto traders and investors.
