{"id":12000,"date":"2025-03-12T04:38:02","date_gmt":"2025-03-12T04:38:02","guid":{"rendered":"https:\/\/seyboldpublications.com\/?page_id=12000"},"modified":"2025-03-12T04:51:50","modified_gmt":"2025-03-12T04:51:50","slug":"durowoju","status":"publish","type":"page","link":"https:\/\/seyboldpublications.com\/index.php\/durowoju\/","title":{"rendered":"Durowoju"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"12000\" class=\"elementor elementor-12000\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6a13630 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6a13630\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ae3c09f\" data-id=\"ae3c09f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b927d99 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b927d99\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c6c0b49\" data-id=\"c6c0b49\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-55b2165 elementor-widget elementor-widget-text-editor\" data-id=\"55b2165\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<h5><strong>TITLE:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/strong><\/h5><p><a href=\"https:\/\/seyboldpublications.com\/\"><strong>The Dynamics of Crypto in the Nigerian Ecosystem<\/strong><\/a><\/p><p><strong>\u00a0<\/strong><strong>AUTHORS:\u00a0 \u00a0 \u00a0<\/strong><\/p><p><strong>Durowoju,Abdulrauf Olatunde, Olalere Mayowa David, Ijaduola Anuoluwapo Dare, Odewusi Oyetola, Adesina Biola Hammed,\u00a0 Ahanaya Chinedu Gandolph &amp; Prof Sunday Ajao Owolabi<\/strong><\/p><p><strong>DOI<\/strong>: <a href=\"https:\/\/zenodo.org\/records\/15009700\">10.5281\/zenodo.15009700<\/a><\/p><p><span style=\"font-size: 16px;\">\u00a0<\/span><strong style=\"font-size: 16px;\">Page:\u00a0 \u00a049-68<\/strong><span style=\"font-size: 16px;\">\u00a0\u00a0<\/span><strong style=\"font-size: 16px;\">\u00a0Vol:<\/strong><span style=\"font-size: 16px;\"> 20\u00a0 \u00a0 <\/span><strong style=\"font-size: 16px;\">Issue:<\/strong><span style=\"font-size: 16px;\"> 03\u00a0 <\/span><strong style=\"font-size: 16px;\">Year:<\/strong><span style=\"font-size: 16px;\"> 2025<\/span><\/p><p><img decoding=\"async\" class=\"alignnone wp-image-3235\" src=\"https:\/\/seyboldpublications.com\/wp-content\/uploads\/2023\/10\/creative-commons-cc-character-785334-300x300.png\" alt=\"creative commons, cc, character-785334.jpg\" width=\"26\" height=\"26\" srcset=\"https:\/\/seyboldpublications.com\/wp-content\/uploads\/2023\/10\/creative-commons-cc-character-785334-300x300.png 300w, https:\/\/seyboldpublications.com\/wp-content\/uploads\/2023\/10\/creative-commons-cc-character-785334-1022x1024.png 1022w, https:\/\/seyboldpublications.com\/wp-content\/uploads\/2023\/10\/creative-commons-cc-character-785334-150x150.png 150w, https:\/\/seyboldpublications.com\/wp-content\/uploads\/2023\/10\/creative-commons-cc-character-785334-768x769.png 768w, https:\/\/seyboldpublications.com\/wp-content\/uploads\/2023\/10\/creative-commons-cc-character-785334.png 1278w\" sizes=\"(max-width: 26px) 100vw, 26px\" \/>\u00a0 \u00a0<img decoding=\"async\" class=\"alignnone size-medium wp-image-1242\" src=\"https:\/\/seyboldpublications.com\/wp-content\/uploads\/2023\/06\/kjk-e1687889230616-300x14.png\" alt=\"\" width=\"300\" height=\"14\" srcset=\"https:\/\/seyboldpublications.com\/wp-content\/uploads\/2023\/06\/kjk-e1687889230616-300x14.png 300w, https:\/\/seyboldpublications.com\/wp-content\/uploads\/2023\/06\/kjk-e1687889230616-768x36.png 768w, https:\/\/seyboldpublications.com\/wp-content\/uploads\/2023\/06\/kjk-e1687889230616.png 900w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p><p><strong>ABSTRACT<\/strong><\/p><p>This paper examined cryptocurrency and its global practices with particular reference to salient lessons for the Nigerian ecosystem. The desk review and exploratory methodology anchored on content analysis were used for the study. The paper identified distrust in political systems, weak domestic currency, and high inflation rates as key factors fueling the growth of cryptocurrency usage in Nigeria thus motivating individuals to resort to cryptocurrencies as a tool for wealth preservation and inflation hedge. The study also found that the existence of a trust deficit and challenges associated with privacy concerns, system uptime, and stringent onboarding requirements were capable of derailing the success of the newly launched digital currency(\u2018e-naira\u2019) issued by the government to curtail cryptocurrency usage in Nigeria. The study concluded that cryptocurrencies and central bank-issued digital currencies (CBDCs) are now part and parcel of the new economic order and represent the future of finance. It therefore recommended that nation-states should work assiduously to develop a uniformly agreed regulatory framework and global standards for the usage of cryptocurrencies.<\/p><p><strong>\u00a0<\/strong><strong>Keywords:<\/strong><\/p><p>Central bank-issued digital currencies, Cryptocurrency, Digital Currencies, Ecosystem<\/p><p><a href=\"#\"><strong>Received<\/strong>:<\/a> 04 January\u00a02025<\/p><p><a href=\"#\"><strong>Accepted:<\/strong><\/a> 16 <span style=\"font-size: 16px;\">February <\/span>2025<\/p><p><a href=\"#\"> <strong>Published:<\/strong><\/a> 12 March 2025<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d9b0249 elementor-widget elementor-widget-button\" data-id=\"d9b0249\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"https:\/\/seyboldpublications.com\/wp-content\/uploads\/2025\/03\/Durowoju96203.pdf\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon elementor-align-icon-left\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-file-pdf\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"elementor-button-text\">PDF<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c7ac5b7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c7ac5b7\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-44e12c8\" data-id=\"44e12c8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>TITLE:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 The Dynamics of Crypto in the Nigerian Ecosystem \u00a0AUTHORS:\u00a0 \u00a0 \u00a0 Durowoju,Abdulrauf Olatunde, Olalere Mayowa David, Ijaduola Anuoluwapo Dare, Odewusi Oyetola, Adesina Biola Hammed,\u00a0 Ahanaya Chinedu Gandolph &amp; Prof Sunday Ajao Owolabi DOI: 10.5281\/zenodo.15009700 \u00a0Page:\u00a0 \u00a049-68\u00a0\u00a0\u00a0Vol: 20\u00a0 \u00a0 Issue: 03\u00a0 Year: 2025 \u00a0 \u00a0 ABSTRACT This paper &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/seyboldpublications.com\/index.php\/durowoju\/\"> <span class=\"screen-reader-text\">Durowoju<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"class_list":["post-12000","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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