{"id":77832,"date":"2024-07-01T09:00:34","date_gmt":"2024-07-01T09:00:34","guid":{"rendered":"https:\/\/www.cryptocabaret.com\/?p=77832"},"modified":"2024-07-01T09:00:34","modified_gmt":"2024-07-01T09:00:34","slug":"designating-crypto-as-the-bogeyman-will-not-halt-the-nigerian-currencys-depreciation","status":"publish","type":"post","link":"https:\/\/www.cryptocabaret.com\/?p=77832","title":{"rendered":"Designating Crypto as the Bogeyman Will Not Halt the Nigerian Currency\u2019s Depreciation"},"content":{"rendered":"<p><img loading=\"lazy\" width=\"768\" height=\"432\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2024\/07\/nigeria446789900000-768x432.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"Designating Crypto as the Bogeyman Will Not Halt the Nigerian Currency\u2019s Depreciation\" decoding=\"async\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2024\/06\/nigeria446789900000-300x169.jpg 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2024\/06\/nigeria446789900000-1024x576.jpg 1024w, https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2024\/07\/nigeria446789900000-768x432.jpg 768w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2024\/06\/nigeria446789900000-190x107.jpg 190w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2024\/06\/nigeria446789900000-380x214.jpg 380w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2024\/06\/nigeria446789900000-760x428.jpg 760w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2024\/06\/nigeria446789900000.jpg 1280w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\">Labeling cryptocurrency a scapegoat, similar to blaming parallel market traders for the Nigerian currency\u2019s woes, will not solve the underlying problems. Proactive preparation for consequential innovations is far preferable to reactive measures. The blockchain and crypto industry is still young, and there\u2019s time for Nigeria to establish regulatory frameworks to govern its participants. Nigeria\u2019s Currency [\u2026]<\/p>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\" rel=\"noopener\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Labeling cryptocurrency a scapegoat, similar to blaming parallel market traders for the Nigerian currency\u2019s woes, will not solve the underlying problems. Proactive preparation for consequential innovations is far preferable to reactive measures. The blockchain and crypto industry is still young, and there\u2019s time for Nigeria to establish regulatory frameworks to govern its participants. Nigeria\u2019s Currency [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":77833,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[309],"tags":[],"class_list":["post-77832","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/77832","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=77832"}],"version-history":[{"count":0,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/77832\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/media\/77833"}],"wp:attachment":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=77832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=77832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=77832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}