Nigeria wants crypto firms to lock up 80% of customer assets offline

This is Follow the Money, our weekly series that unpacks the earnings, business, and scaling strategies of African fintechs, financial institutions, companies, and governments. A new edition drops every Monday.

When you buy cryptocurrencies such as Bitcoin or Ether on a local exchange, you are often trusting the platform with one simple task: to keep your funds safe. 

But what happens if…