Why did Nigeria Federal Government Ban Cryptocurrency (Bitcoin)?

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    • #91
      Anonymous User
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      I will like know the reasons why Nigeria Federal Government Ban Bitcoin in Nigeria?

      Does it means that it is illegal?

    • #92
      Jerico Wealth
      Participant

      The Central Bank of Nigeria (CBN) has asked all Nigeria Banks to close down any account that trade bitcoin or any other cryptocurrency.

      They said this is a measure to fight terrorisms and scams.

      And other things that is contained in the statement they issued on 5th of Feb. 2021.

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