Post
Topic
Board Nigeria (Naija)
Re: CBN lifts ban on cryptocurrency transactions
by
cryptonewbie
on 27/12/2023, 11:54:23 UTC
This is good news. Banning it previously was a dumb move in my opinion and I'm sure it was done as a political response to the EndSARS saga back in 2020 by the Buhari administration. However, despite the ban on crypto in Nigeria, many Nigerians were still actively into it including myself. Unfortunately, the police have capitalized on the ban to rob and extort any one found with any crypto apps on their phones. I just hope they inform these officers to stop arresting people for having crypto apps since the ban on crypto has finally been lifted. That said, every one should still be careful out there.