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    Home » Organizer of Binance-Sponsored Crypto Tour Says Campaign Was Successful, Denies Reports of Arrest – Featured Bitcoin News

    Organizer of Binance-Sponsored Crypto Tour Says Campaign Was Successful, Denies Reports of Arrest – Featured Bitcoin News

    EditorialBy EditorialJune 17, 2022Updated:June 17, 2022 Cryptocurrency No Comments4 Mins Read
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    A crypto fanatic and organizer of the Binance-sponsored Blockchain and Cryptocurrency Awareness Tour (BCAT) just lately held in Nigeria, has rejected reviews he was arrested by safety brokers reportedly spooked by giant crowds that have been following the marketing campaign. The fanatic stated the excessive variety of those that attended the BCAT tour proves that Nigerians “want to continue to explore blockchain and cryptocurrency and improve their lives.”

    Nigerian Interest in Crypto and Blockchain Growing

    A Nigerian blockchain and crypto educator, Tony Emeka, has clarified that the safety brokers that made an look at a Binance-sponsored academic occasion, which he organized, didn’t arrest him as per reviews. He advised that the huge crowds that attended the Blockchain and Cryptocurrency Awareness Tour (BCAT) Africa perform, in risky Southeast Nigeria, had unnerved safety brokers which prompted their seek for the occasion’s organizer.

    According to Emeka, who can be the founding father of crypto publication Cryptotvplus, he defined to the safety brokers the aim of the occasion and why Nigerians had attended the tour in such giant numbers.

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    “We made them understand what we were doing. The BCAT Africa event was to show Nigerians the opportunities in the digital space, specifically in the blockchain and cryptocurrency industry. They were excited about what we were doing. I wouldn’t say I was arrested,” defined Emeka.

    Emeka additionally informed Bitcoin.com News that the unexpectedly excessive variety of folks attending the BCAT Africa tour — over 7,000 folks in line with some estimates — confirmed that regardless of the Central Bank of Nigeria (CBN)’s directive of February 5, 2021, Nigerians are nonetheless very a lot taken with cryptocurrencies and their underlying know-how, the blockchain. He stated:

    People are hungry for data, they wish to proceed to discover blockchain and cryptocurrency and enhance their lives. The CBN directive of Feb. fifth, 2021 got here as a shock to lots of people, and it affected a number of crypto companies, and for particular person buyers, it made it tough to transform crypto to fiat, however that was the place P2P got here to the rescue, and since then, this has been the means for changing crypto to fiat and vice-versa.

    Although he concedes that CBN restrictions had initially made it powerful for particular person buyers, Emeka asserts many Nigerians have since adjusted nicely to the brand new actuality. Still, Emeka stated the Nigerian authorities should “remove the limitation.”

    Interest Beyond Cryptocurrencies

    When requested if the BCAT Africa academic tour had been successful, Emeka stated: “Yes! I believe 100%. In fact, after the event, we were doing a ticking of our lists to see if we achieved everything we planned. The result was beyond our imagination. We wanted to show Nigerians the things that are possible and within their reach, and we did.”

    Meanwhile, Chiagozie Iwu, the CEO of Naijacrypto, an area cryptocurrency change, informed Bitcoin.com News that the massive crowds seen in Enugu are proof that curiosity in digital currencies stays robust.

    “The crowd I saw at the recently concluded Enugu BCAT shows that there is a strong enthusiasm among youths in the southeastern part of Nigeria to learn about blockchain. We have seen that the interest goes beyond cryptocurrencies but understanding how to build a career in the blockchain sector,” Iwu stated.

    What are your ideas on this story? Tell us what you assume within the feedback part under.

    Terence Zimwara

    Terence Zimwara is a Zimbabwe award-winning journalist, creator and author. He has written extensively in regards to the financial troubles of some African nations in addition to how digital currencies can present Africans with an escape route.







    Image Credits: Shutterstock, Pixabay, Wiki Commons

    Disclaimer: This article is for informational functions solely. It isn’t a direct provide or solicitation of a proposal to purchase or promote, or a advice or endorsement of any merchandise, companies, or firms. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the creator is accountable, immediately or not directly, for any injury or loss triggered or alleged to be attributable to or in reference to using or reliance on any content material, items or companies talked about on this article.

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