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Why Central Bank Of Nigeria BANNED Bitcoin (READ UP)

Why Central Bank Of Nigeria BANNED Bitcoin (READ UP) (Updated: 2 years ago)


On February 5th, 2021 – The Central Bank of Nigeria released a circular to remind the Financial institutions in Nigeria regarding their stands on Crypto trading in the Nation.

This led to an uproar amongst the public and many crypto organization in the country, thus making CBN releasing a full press concerning the issue.

In the 5-page long press release, the CBN reiterates more on the reasons why the policy has been passed and also stating many other Nations that have that the kind of policy in place.

Read Below:-

 

 

 

 

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