How Nigerians Are Reacting To The Cryptocurrency Ban

How Nigerians Are Reacting To The Cryptocurrency Ban

The Central Bank of Nigeria (CBN) has said that its decision to ban cryptocurrency was necessary to prevent crimes and mitigate risksSeveral Nigerians have condemned the move and believe the ban has some political undertone beyond those stated reasoningsThe Senate of Nigeria has summoned the CBN governor to explain the decision to ban cryptocurrency.  In a move that sparked outrage on social media earlier this month, the CBN issued a reminder to regulated financial institutions in the country that a 2017 regulation prohibits them from dealing in cryptocurrencies or facilitating....


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