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Re: Nigeria continuous banning of crypto
by
nigthcrowd
on 07/12/2021, 07:58:20 UTC
It is becoming more strict to transact crypto in Nigeria as the CBN now plant agents on Binance P2P to trade with you and intentionally add crypto keywords to the payment transaction so it can alert the bank to block the receiver's account.

This however is becoming outrageous for the Nigerian government and with no single doubt, the non-compliance of the young Nigerians not believing and making use of their newly launched E-naira must have triggered this action.

These wise traders are just exhausted of having their money controlled by the government.

Source: https://cointelegraph.com/news/nigerian-banks-tracking-customer-accounts-for-crypto-trading

The progress of the nation is seen from its government. If the state bans cryptocurrencies because of unnatural welds, it is equally afraid if its citizens become smart and advanced. If you can share opinions, in one of the asian countries, Indonesia on the indodax platform has just added two new crypto assets, although the news mentions their country has not actually legalized crypto as a financial transaction tool.