Post
Topic
Board Marketplace
Re: Nigeria continuous banning of crypto
by
rendravolt
on 24/09/2022, 20:29:46 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

After all, news like that is common for banks in a country to be banned for bitcoin, what needs to be underlined here is that bitcoin still exists, even though there is often bad news every year.