This news is very good, expecially we funding an account with crypto. Because of d ban I lost $140 to scammers on p2p transaction and it will reduce dependent on Dollars and bring the price down. Let's give this government a chance to see how they help us achieve our dreams in different ways. Policies is key to development

Confused statement by confused government

[quote author=thelegend1 post=127582855]Does anyone here deal in bulk BTC?
10 units and above

Dm me boss. I trade all digital assets. Plus Nigerian govt never said you can't trade cryptocurrency, but it was not a recognized method of payments in our local banks because the former emefiele thought they were using the platform to promote terrorism and money laundering. That's why most exchange peer to peer in trading had their own rules when transacting with a Nigerian user. But after now, I think cbn is telling those same banks to start accepting crypto funds and they've seen the economic growth it will bring to the country!!


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Blacklion3:
Bad move... Crypto currency is a scam.
Its the same pyramid scheme similar to MMM but even more devilish.
Crypto is like trading tin air. What nonsense coin are you buy and selling? These are simple financial questions

It can cripple a company's economy

Are still in 1820 think ahead bros
Even native doctor de upgrade
Are u ok

[quote author=iwaeda post=127581816]

https://punchng.com/breaking-cbn-lifts-ban-on-cryptocurrency/

This is goodnews for all digital assets traders. Best news I've heard this year. Alas, we can now trade in peace

TheGiftedOne:
What I just read is like saying you can kill a goat for meat but you mustn't chew it before you swallow.

The most confusing piece of crap I've seen in a long while. Nonsense circular with no iota of clarity.

I swear. Zero clarity

What I can deduced from one president making one law and the next repealing it despite they are from the same party is that the APC has direction on how to govern Nigeria and make it great. It's individualistic idea of how each person sees things and think it should work otherwise known as no direction.

They did saw the amount of Dollar transactions carried daily using P2P lol

Until you lift ban on use of naira master/debit card for International transactions, stop float of naira in open market then I will commend you

Sincerely I don't understand the body of the news.

Better we see the circular

Funjosh:
Sincerely I don't understand the body of the news.

As in ehn, all these newspapers be muddling things up.
Seeing the exact directive from cbn is better, even if they have to retype it word for word if they don't want us to have direct access.

jara:
Another avenue like new generation banks of Society General to attract naive people and loot.

Which country has crypto currency EPP?

Mumu yesterday today and forever, wetin you know no you will never know

Blacklion3:
Bad move... Crypto currency is a scam.
Its the same pyramid scheme similar to MMM but even more devilish.
Crypto is like trading tin air. What nonsense coin are you buy and selling? These are simple financial questions

It can cripple a company's economy

They sleep, they play

You’re dumb. Go and learn crypto and see the magic. Crypto like Bitcoin is not money doubler or MMM

Dididrumz:
This news no clear at all.

Them lift crypto ban abi then no lift crypto ban?

Headline says one thing, body says another thing...

Mi see same thing pal. Oga iLegendd don see shege.

Inspirer1:
Better we see the circular

As in ehn, all these newspapers be muddling things up.
Seeing the exact directive from cbn is better, even if they have to retype it word for word if they don't want us to have direct excess.

English hard no be lie, shey make them write for ya mother tongue B4 you go sabi anything

iwaeda:


https://punchng.com/breaking-cbn-lifts-ban-on-cryptocurrency/

ilegendd

Macelliot:
Lifting Crypto ban will crash the Dollar price..

Let's see if we can buy crypto with our bank card, also it'll affect crypto exchange guys.

panpan:
In February 2021, the Central Bank of Nigeria (CBN) restricted the use of cryptocurrency in Nigeria, because the United States Federal Bureau of Investigation (FBI) complained that 200 to 300 million dollars was transferred each week from the United States (US) to Nigeria using cryptocurrency.

The restriction only served the interests of the United States. The US did not ban cryptocurrency in their own country.

The lifting of this restriction is a welcome development.

Please go through the news content and then please get back to us. Thanks.

Macelliot:
Lifting Crypto ban will crash the Dollar price..

I pray o

rinzaugustine:
Foolish emilokan don go steal Osibanjo idea

Or-deh

Avenue to loot more what a country

This is very confusing

Best news so far

Dididrumz:
This news no clear at all.

Them lift crypto ban abi then no lift crypto ban?

Headline says one thing, body says another thing...

It has been lifted . Both headline and the body said same thing. The only thing is that Banks can not trade on crypto or move their assets to crypto, it is for customers.

Blacklion3:
Bad move... Crypto currency is a scam.
Its the same pyramid scheme similar to MMM but even more devilish.
Crypto is like trading tin air. What nonsense coin are you buy and selling? These are simple financial questions

It can cripple a company's economy

Since crypto is thin air, can you touch forex

The ban on crypto was one of the recommendations tendered to buhari as medium the youths enpowered themselves and financed EndSars (which he buhari believed it was a move to demarket and remove him from office).
Govt know there's hug money in crypto why dey pushed e-naira that failed from inception.
Just dey watch this govt oooo

Blacklion3:
Bad move... Crypto currency is a scam.
Its the same pyramid scheme similar to MMM but even more devilish.
Crypto is like trading tin air. What nonsense coin are you buy and selling? These are simple financial questions

It can cripple a company's economy

No one is forcing you to get involved in it, bros.

yusufmurry:
Until you lift ban on use of naira master/debit card for International transactions, stop float of naira in open market then I will commend you

Until you provide the scarce dollars for the government and banks to do so, then I will know you are talking sense.

Blacklion3:
Bad move... Crypto currency is a scam.
Its the same pyramid scheme similar to MMM but even more devilish.
Crypto is like trading tin air. What nonsense coin are you buy and selling? These are simple financial questions

It can cripple a company's economy

Go back to school

equity1:
It has been lifted . Both headline and the body said same thing. The only thing is that Banks can not trade on crypto or move their assets to crypto, it is for customers.

Okay...

Maybe I'll need to go through it again.

rinzaugustine:
Foolish emilokan don go steal Osibanjo idea

Till May 2027, then till 2031 again. Stop crying now before it’s too late