The currency has been losing ground on the derivatives market, mirroring weaknesses on the spot and black markets.
The currency eased on the non-deliverable forwards market, with the one-month contract quoted at 406.50 naira on Wednesday after it opened at 399 naira.
On the issues pertaining to Bitcoin and digital currencies as a whole, Dalio pointed out “to one holding digital/cyber assets at a time when cyber offense is much more powerful than cyber defense, the cyber risk is a risk that I can’t ignore.”