Ninjastic
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Board Bitcoin Discussion
Re: Bitcoin trading broadly in China,than Nigeria.
by
RondoAnyar
on 15/09/2021, 15:39:20 UTC
Quote from: Jawhead999 on September 12, 2021, 02:30:23 AM
AFAIK Nigeria doesn't ban Bitcoin but the central Bank on Nigeria could freeze your account if they detect the funds came from Bitcoin, high inflation rate, still a third world countries means not prosperous yet. That's why the trading volume of Nigeria can't be compared to first or second world countries, however there's an article said Nigeria become the top 2nd Bitcoin trading volume but keep in mind it's only on Paxful [1] not an entire exchanges.

[1] https://www.theguardian.com/technology/2021/jul/31/out-of-control-and-rising-why-bitcoin-has-nigerias-government-in-a-panic
Why is the biggest decision with the central bank not the Nigerian government?  should be the highest position in the government not the central bank.  I want to hear the reason.  I find it strange if the central bank freezes crypto owners' assets, especially bitcoins