By the time them start wrongly flagging legitimate accounts our eyes go open

beryledibor:
How do they use Opay for crypto or money laundering, I don't understand. Can someone explain for enlightenment purposes only

I crave for this information too. I wish to be educated on this

abobote:
Can one opens Opay account online?

Download the app on your phone and create your profile. Your phone number is your identity.

akuneme:
Too much heat from the CBN.

It is almost not possible to track which payment is a crypto payment unless it is stated.

Opay is just telling its users to use their sense.

The users have been using their heads, only a newbie will put crypto as description on the transaction

Shetemi12:
Nigeria will be great

Brainwash statement.

Saidfx:


I crave for this information too. I wish to be educated on this

Or their another Opay app from from the one I m using. Because there's nothing crypto inside my app

Successmind:
Abeg , what's the faith of kuda and someone should explain to me like a 5year old child...

They are not having issues, it's just that government is restricting fintechs from transacting in crypto. All of them are fine they don't want them to help Nigerians doing crypto business.

millionboi:
Ggbam

This people don't know how many people crypto has taken off the streets am one of them although I still dey get money to pay off my bills but with time everywhere go bust I have seen someone go from 50$ to thousands of dollars I know my own go still come

stagger:

Under which law? Nigerians don't know their rights.

You are the one who is an illiterate and ignorant about the law.

The CBN enabling Act empowers the CBN to determine the legal tender. Since the CBN has said crypto is illegal, let them catch you trading it. You will suffer more than Nnamdi Kanu.

idahme:


The users have been using their heads, only a newbie will put crypto as description on the transaction

do people really add description to every money they transfer ...

I don't palmpay even allows description

beryledibor:


Or their another Opay app from from the one I m using. Because there's nothing crypto inside my app

It's mostly used for P2P transactions. And that majorly transact in USDT, BTC, ETH, exchanging for naira.

Also Defi. Defi is even worse.

Can we trade forex instead??

Dottore:
Why is Opay and moniepoint preferred by scammers and criminals? What are the authorities doing about this?

It's preferred by everyone

tefishy:

Cardoso wan finish crypto patapata

Na learner him be. For those who don't know other ways na end of the road. What he is doing at the moment will strengthen the naira but for how long?

Them fon forget say we youths in millions which are now computer inclined and smarter than the generation before them.

OkayDaddy:


You are the one who is an illiterate and ignorant about the law.

The CBN enabling Act empowers the CBN to determine the legal tender. Since the CBN has said crypto is illegal, let them catch you trading it. You will suffer more than Nnamdi Kanu.

CBN can not ban crypto trading . It is impossible. We have entered a dispensation where you don't even need a bank account to hold money. BTC, USDT, ETH, USDC, etc... is bigger than the Nigerian govt.

Go and ask China. They tried to ban it but they couldn't.

Even Singaporean banks now trade crypto

Seunpapa65:
Noted crypto has come to stay 💯

Yes no doubt, we saw the FUTURE already..

BannedUser:


CBN can not ban crypto trading . It is impossible. We have entered a dispensation where you don't even need a bank account to hold money. BTC, USDT, ETH, USDC, etc... is bigger than the Nigerian govt.

Go and ask China. They tried to ban it but they couldn't.

Even Singaporean banks now trade crypto

If u can't beat u join them that will soon happen to FG...

akuneme:
Too much heat from the CBN.

It is almost not possible to track which payment is a crypto payment unless it is stated.

Opay is just telling its users to use their sense.

Best comment

OkayDaddy:


You are the one who is an illiterate and ignorant about the law.

The CBN enabling Act empowers the CBN to determine the legal tender. Since the CBN has said crypto is illegal, let them catch you trading it. You will suffer more than Nnamdi Kanu.

One would have thought you would have helped him with the relevant portion of the CBN acts but no, you just want to chew cud.

No problem
In as much is not SPORTYBET I'm safe

Shetemi12:
Nigeria will be great

Olodo

First they deny, then they implement

OkayDaddy:


You are the one who is an illiterate and ignorant about the law.

The CBN enabling Act empowers the CBN to determine the legal tender. Since the CBN has said crypto is illegal, let them catch you trading it. You will suffer more than Nnamdi Kanu.

All this Akungba one thing one thing poly graduates making stupid noise online can be so irritating. Bush man.

What is a "legal tender"? If you can satisfactorily explain that then the next question will be what is a property? What is an asset? What is a security? Do Nigerians have the right to own property? Do Nigerians have the right to own assets?

Should this be a monetary matter or a securities matter (at the most)? So what is the business of the CBN and what should be the role of the SEC?

Of course you're too dumb to understand where I'm going with this.

Broke ass government apologist making a mess of himself only out of sheer jealousy and perhaps ethnicity-based self delusion.

Dottore:
Why is Opay and moniepoint preferred by scammers and criminals? What are the authorities doing about this?

You are part of those scammers using those 2 banks you mentioned right?

Have cbn officially banned trading crypto in nigeria? Even if they ban it nigerians will always find another way to sell and buy crypto I heard some nigerians now convert their crypto to ghanian cedis then convert back to naira.

PalmPay too

Hedonisco:


All this Akungba one thing one thing poly graduates making stupid noise online can be so irritating. Bush man.

What is a "legal tender"? If you can satisfactorily explain that then the next question will be what is a property? What is an asset? What is a security? Do Nigerians have the right to own property? Do Nigerians have the right to own assets?

Should this be a monetary matter or a securities matter (at the most)? So what is the business of the CBN and what should be the role of the SEC?

Of course you're too dumb to understand where I'm going with this.

Broke ass government apologist making a mess of himself only put of sheer jealousy and perhaps ethnicity-based self delusion.

I don't reply to akpu pigs, you and your ancestors are beneath my dogs.

Next pls.

akuneme:
Too much heat from the CBN.

It is almost not possible to track which payment is a crypto payment unless it is stated.

Opay is just telling its users to use their sense.

Must you tell the whole world about this, the post like this are the reason this useless government is going all out against crypto.

They don't see any reason to totally forbit BDC but crypto is their only headache.

beryledibor:
How do they use Opay for crypto or money laundering, I don't understand. Can someone explain for enlightenment purposes only

when a scammer hack someones say Whatsapp account and succeeded in convincing the victim ,which bank account do they usually issue out to pick up the crime money.most time it's all this funny banks they use and are not traceable most of the time.If actually it's the likes of gtbank, Access and others , u can still retrieve ur cash back but not with moniepoint ,opay , kuda and others.cbn should continue to pepper all this funny banks to do the right thing

OkayDaddy:


I don't reply to akpu pigs, you and your ancestors are beneath my dogs.

Next pls.

How predictable.

Empty, hungry, frustrated, down and out, never do well, hopeless, waste of space.

You go die throwaway in your poverty and misery while watching others prosper. It is your destiny.

beryledibor:
How do they use Opay for crypto or money laundering, I don't understand. Can someone explain for enlightenment purposes only

Okay ,

For example am a politician , I want to launder 100 m for example , I can easily put 5 to 10 m in my opay account and buy crypto worth that amount in a day , then continue the following day till am able to move all into my crypto acc.


From my crypto acc I can easily transfer to my US or Uk account from Binance to my US cash app acc .

In less than 1 week I will move all .

This is just to mention few ok 👌 ✌️