Post
Topic
Board Marketplace
Re: Nigeria continuous banning of crypto
by
Aikidoka
on 10/06/2023, 22:26:35 UTC
Every day. it is a new update on crypto ban in Nigeria. i woke up to this current one but i think it will not hold.
https://gazettengr.com/just-in-sec-bans-binance-operation-in-nigeria-declares-it-illegal-entity/
i think the hunt is getting serious. trying to stop Nigerians from utilizing the current decentralized systems to improve their business.

Even Binance too? That doesn't seem good actually! I wonder why they're banning Bitcoin, considering that Nigeria isn't financially strong and Bitcoin could certainly help many Nigerians make money and strengthen the economy over time. To be honest, It doesn't make any sense. I hope this issue gets resolved soon, and they implement regulations that make Bitcoin and crypto legal in Nigeria again as I'm pretty sure it would help the country alot in the future.