Post
Topic
Board Economics
Re: Banning of p2p on crypto apps in Nigeria
by
moneystery
on 28/05/2024, 10:26:49 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.

they are just looking for reasons to ban crypto, because they think that crypto is the best place for money laundering. even though we all already know how money laundering is best done using fiat currency and banking assistance. what they are doing is quite stupid, because if they are smart then what they should be doing is not banning crypto, but taking care of their currency which is currently falling and their economy is getting worse.