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How to effect of crypto ban in Nigeria?
How to effect of crypto ban in Nigeria?

Nigeria, Africa’s largest Bitcoin market and 2nd-biggest Bitcoin marketplace volume, has seen meteoric upward push in Bitcoin utilization in recent years. Many humans in the usa now need to buy Bitcoin and different cryptocurrencies and invest in virtual belongings. Many humans within the usa purchase bitcoin thru direct bank transfers or peer-to-peer exchanges. However, in February 2021, Nigeria’s Central Bank issued a assertion prohibiting monetary institutions from engaging in cryptocurrency transactions. This entails the purchase and sale of virtual belongings through financial institutions. According to the Central Bank of Nigeria’s (CBN) ban, banks and other economic institutions need to without delay terminate the bank bills of all people who interact in virtual asset t

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