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Nairaland Forum / Nairaland / General / Business / CBN Lifts Ban On Cryptocurrency Transactions (24916 Views)
CBN Lifts FX Restrictions On Milk, Dairy Products Import To Crash Prices / CBN Lifts Ban On BDCs, Introduces New Operational Mechanism / CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals (2) (3) (4)
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Re: CBN Lifts Ban On Cryptocurrency Transactions by twosquare(m): 7:35am On Dec 23, 2023 |
When they know that the bull run is almost here. They too want to cash out. Thanks to Bat's administration. 2 Likes |
Re: CBN Lifts Ban On Cryptocurrency Transactions by SirLakes: 7:59am On Dec 23, 2023 |
TheGiftedOne: I think say na only me see am like so, and people bin rejoicing |
Re: CBN Lifts Ban On Cryptocurrency Transactions by Caseless: 7:59am On Dec 23, 2023 |
May God punish Emiefele. While he was busy stealing, he denied people opportunity to bring in money into the economy. We were now helping Ghana economy at the expense of our own. Very useless man. 5 Likes 3 Shares |
Re: CBN Lifts Ban On Cryptocurrency Transactions by FuckingNaira: 8:01am On Dec 23, 2023 |
Offpointng:Omo nxt year go be financial tsunami 5 Likes 1 Share |
Re: CBN Lifts Ban On Cryptocurrency Transactions by ExudeLoveToAll: 8:02am On Dec 23, 2023 |
Dididrumz: Them lift am just mixing up if different information in one piece. The person that put up this should be flogged 2 Likes |
Re: CBN Lifts Ban On Cryptocurrency Transactions by jaxxy(m): 8:05am On Dec 23, 2023 |
hmmm |
Re: CBN Lifts Ban On Cryptocurrency Transactions by ExudeLoveToAll: 8:06am On Dec 23, 2023 |
Bogney: Ban lifted, leave the writer alone he is hungry 3 Likes |
Re: CBN Lifts Ban On Cryptocurrency Transactions by omoadeleye(m): 8:31am On Dec 23, 2023 |
TheGiftedOne: Or probably you are the dummy 1 Like |
Re: CBN Lifts Ban On Cryptocurrency Transactions by webtutorr: 8:41am On Dec 23, 2023 |
Honestly, I don't understand this news. This country just confuse. Headline said lift ban, body talking another thing. Hmmm, nwaaoo |
Re: CBN Lifts Ban On Cryptocurrency Transactions by WantsandMore: 8:45am On Dec 23, 2023 |
Hmmm fingers crossed ๐ค |
Re: CBN Lifts Ban On Cryptocurrency Transactions by Truths9ja: 8:50am On Dec 23, 2023 |
Good news here. I can now find my crypto wallet via my bank account. Nice directive from cardoso here |
Re: CBN Lifts Ban On Cryptocurrency Transactions by jojothaiv(m): 8:50am On Dec 23, 2023 |
Dididrumz:I've been having problems with some topics on nairaland since its recent sabbatical, the OP can proofread and do things better next time. I've seen folks lose the funds in their account just because a simple narration that involves CRYPTO was included in the transfer remarks. |
Re: CBN Lifts Ban On Cryptocurrency Transactions by FuckingNaira: 8:51am On Dec 23, 2023 |
twosquare: |
Re: CBN Lifts Ban On Cryptocurrency Transactions by bluefilm: 8:53am On Dec 23, 2023 |
Offpointng: What is happening next year? |
Re: CBN Lifts Ban On Cryptocurrency Transactions by spartachico(m): 8:59am On Dec 23, 2023 |
After Una don chop ham finish and leaving the crumbs to us to start loosing our funds abi ENKR |
Re: CBN Lifts Ban On Cryptocurrency Transactions by ultimatebas(m): 9:00am On Dec 23, 2023 |
Offpointng: Blackrook,Vanguard, Fidelity etc spot ETFs. Bitcoin Halving and cut in interest rates by US govt starting from mid next year. |
Re: CBN Lifts Ban On Cryptocurrency Transactions by Elliotwaveforec: 9:01am On Dec 23, 2023 |
Bye bye to P2P, good news to Naira! 2 Likes |
Re: CBN Lifts Ban On Cryptocurrency Transactions by spiSeyi: 9:02am On Dec 23, 2023 |
iwaeda:You the clueless one jere , Nigeria would have earned massive FX from crypto if PMB did not barn it because Nigeria was the second-largest crypto market when PMB restricted it. With this development, there will be more FX inflow. 2 Likes |
Re: CBN Lifts Ban On Cryptocurrency Transactions by yusufmurry: 9:16am On Dec 23, 2023 |
membranus: Continue, na same fail govt he will leave as usual like other. Tinubu just wanted to be president with no plans like Buhari |
Re: CBN Lifts Ban On Cryptocurrency Transactions by Afonja2000: 9:37am On Dec 23, 2023 |
This is good news for our teeming population if it is true, any news from this present government can be refuted at any moment. Crypto currency has the capacity to create more sources of income especially for the unemployed and underemployed thereby lifting more Nigerians out of poverty line, the positives outweighs the negatives, I just hope this is true. 3 Likes |
Re: CBN Lifts Ban On Cryptocurrency Transactions by bukarolz: 9:39am On Dec 23, 2023 |
Mugu jara: |
Re: CBN Lifts Ban On Cryptocurrency Transactions by aylipple: 9:40am On Dec 23, 2023 |
I'm confused; it appears to be true that Nigerians have a comprehension problem. I read that news report once & I immediately understood what the CBN said so when I read comments that suggest the report was ambiguous, I wonder if I read something else. Anyways, the summary is CBN has unbanned Cryptocurrency/virtual assets. It, however, maintained its stance that Banks & other financial institutions cannot use depositors funds to buy or trade crypto or other virtual assets. Individuals & businesses involved in cryptocurrency trading can now legally channel their fiat currencies through the banks without any fear of their accounts being closed. 5 Likes 1 Share |
Re: CBN Lifts Ban On Cryptocurrency Transactions by cybersoldiers: 9:47am On Dec 23, 2023 |
Confused Fools. Have these idiots removed the restrictions they placed on people's accounts for buying or trading Crypto? Too bad. 1 Like |
Re: CBN Lifts Ban On Cryptocurrency Transactions by Kingzjayzee: 9:55am On Dec 23, 2023 |
Dididrumz:when head and body no agree, no be confusion be that? 1 Like |
Re: CBN Lifts Ban On Cryptocurrency Transactions by Aremolekunowo(m): 10:06am On Dec 23, 2023 |
Yeah this is a great news and a very welcome development. The new people in CBN seems to know what they are doing because the next bull run that is coming by April 2024 will be so mad, to the extent that if you invest just 10$ it will give u minimum of a 1k$, 100$ of some shit coins will give 10K usd profits. More over next year bull run is not just ordinary bull run it's a institutional bull run and bit coin halving because crypto is now 17 years old by next year the big financial institutions are coming in to mope up most of the bitcoin and other assets in crypto space. I have personally notice at least 4 different crypto projects that will give at least 15,000% profits in next bull run coming by April. This is my advice to those that want to buy bitcoin and Ethereum please hold on for now because by February next year they will decrease in value by at leat 20% before April bull run and it will never come down again because hedge funds and other big guys will mope up the available one in the cyber space. So if you want to be a billionaire or multi million next year go and be saving money now to buy viable crypto projects from 10 February. And put the following projects in your watch list that will give you minimum of 10k% profits that is any amount u invest just add 2 zeros to it that will be your minimum profits in few months and make sure you buy some bitcoin too the price is going all the way up to 150k usd.just wait for it to depress by February then buy through your exchange and never be tempted to sell before it cross 100k so you don't regret selling prematurely. So watch out for these few projects 1.Dream quest 2.Ertha 3.Melos 4. Karate. Put them in your watch list they will make you millions or billions depending on what you invest. Hope these helps ๐ you cabn use Kucoin or okx. 7 Likes 4 Shares |
Re: CBN Lifts Ban On Cryptocurrency Transactions by elonize(m): 10:18am On Dec 23, 2023 |
Blacklion3:n yet,its d future...u will b part of d scam in few years time..dey here dey make mouth๐๐ 1 Like |
Re: CBN Lifts Ban On Cryptocurrency Transactions by eteebanky1: 10:22am On Dec 23, 2023 |
Wow, this means we'll be buying our Dollars directly from Bank No more P2P |
Re: CBN Lifts Ban On Cryptocurrency Transactions by TheGiftedOne(m): 10:23am On Dec 23, 2023 |
omoadeleye: I concur ๐ฏ% |
Re: CBN Lifts Ban On Cryptocurrency Transactions by eteebanky1: 10:25am On Dec 23, 2023 |
yusufmurry: They already lift the ban on naira MasterCard na Most of the banks disabled it cos of fluctuating naira |
Re: CBN Lifts Ban On Cryptocurrency Transactions by elonize(m): 10:26am On Dec 23, 2023 |
Vincentchris4u:because dey did 1 tin,doesn't mean we shud give dem chance... Look at APC history.. 1 good tin,den 10bad tin..dats how dey operate P2p smtimes scares me cos of scammers |
Re: CBN Lifts Ban On Cryptocurrency Transactions by elonize(m): 10:28am On Dec 23, 2023 |
drerocker:leave am,e nor know say na d future b crypto |
Re: CBN Lifts Ban On Cryptocurrency Transactions by fineboynl(m): 10:29am On Dec 23, 2023 |
Crypto currency is audio ban. It only increase the price against naira. Who loses at the end. |
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