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Nairaland Forum / Nairaland / General / Politics / From Cryptocurrency Trading To Cow Trading (180 Views)
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From Cryptocurrency Trading To Cow Trading by Flashydstunna: 5:20pm On Feb 16, 2021 |
The Central Bank of Nigeria woke up one faithful morning and released a memo to all banks and financial institutions that trading Bitcoin or any other CryptoCurrency is prohibited in Nigeria. They likened it to MMM which defrauded many Nigerians years back. In their defense, Bitcoin trading cannot be regulated and it is prone to fraud. The major argument for the banning of CryptoCurrency is that people can easily use it to launder money. Others claim that Bitcoin does not contribute to the economy because it cannot be taxed by the Nigerian government. https://beheardd.com/2021/02/10/bitcoin-banning-in-nigeria-sensible-of-not/ |
Re: From Cryptocurrency Trading To Cow Trading by EdoBoyJazzie: 5:37pm On Feb 16, 2021 |
Nigeria my Cow-try |
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