Quote from: sokani on December 08, 2022, 08:26:44 PM

NEWS UPDATE: House of reps orders CBN to halt new cash withdrawal limit

Following the announcement wey CBN make, say dem wan limit the withdrawal of cash to N20,000 daily and N100,000 weeky for individuals and N100,000 daily and N500,000 weekly for organisations wey suppose take place on 9 Jan 2023. The house of reps no gree at all about this recent infoment, and as a result them don order CBN to stop the implementation of this new policy and them don send the CBN governor Godwin Emefiele letter make him appear before the house on 15 December 2022, make him come torchlight about the new policy and tell them why dem go allow am to stand.

https://community.thenationonlineng.net/forum/breaking-house-of-reps-orders-cbn-to-suspend-new-cash-withdrawal-?xg_source=twitter

What is the impact of the limitation of the daily cash withdrawal to bitcoin ? This has a direct effect on bitcoiners in Nigeria, since bitcoin can't be used without the Fiat currency in the country, and if you want to but plantain of 30k and the seller is using the cashless transaction system, what will you do? And also has an advantage to bitcoiners, because since we are familiar with the online transaction, the cashless system will favour us but what market pipo?