Abia State, Governor Alex Otti has officially approved the use of Bitcoin (BTC) as a legal digital means of exchange within the state. The announcement was made during a press briefing at the Government House in Umuahia on Monday morning.
Governor Otti stated that the decision was driven by the need to embrace innovation and align with global financial trends, especially as the Nigerian Naira continues to weaken against major foreign currencies. He emphasized the importance of giving residents access to more stable and globally accepted financial tools.
โIf we want to thrive in todayโs world, we must not be afraid to take bold steps. Bitcoin is not just the future โ it is already shaping economies. Abia State cannot be left behind,โ Otti declared.