Post
Topic
Board Economics
Re: Banning of p2p on crypto apps in Nigeria
by
goaldigger
on 08/05/2024, 21:39:05 UTC
I am so much concerned to why Nigerians government is banning the use of p2p on some crypto apps. To their allegations, it's said the crypto is affecting the currency and it also aids money laundry. Can anyone enlighten if what the government is doing is the right thing. The government left the banking sector and blames binance and other crypto companies.
This is also what happening in our country, SEC is trying to fully banned Binance so the local exchanges can benefit from this.

Well, the government will always be corrupt if they only want things in favor to them and will not let their people to control their own money, it looks like they are being manipulated by the banks as well.

We can't do anything about this but to hope that these government will later on favor crypto and make a regulations that will help everyone and not just for their own interest.