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Court Declares Cryptocurrency Trading Not Illegal. - Investment - Nairaland

Nairaland Forum › Nairaland General › Investment › Court Declares Cryptocurrency Trading Not Illegal. (486 Views)

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Court Declares Cryptocurrency Trading Not Illegal. by Treash(op): 8:44pm On Apr 10, 2022
Treash:
Cryptocurrency trading is not illegal in Nigeria. This was contained in a judgement between Risevest Technologies and CBN. The Federal High court pointed that the CBN had failed to discharge the burden of proof neither did they produce any law that criminalises dealing in cryptocurrency. Further more, trading of cryptocurrency cannot be held to be illegal based on mere circular by CBN. The court further discharged the interim freezing order against Risevest Technologies.
https://www.resolutionlawng.com/cryptocurrency-trading-is-not-illegal-in-nigeria-court-ruled
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Re: Court Declares Cryptocurrency Trading Not Illegal. by Hamzaaaaaaaa(m): 8:46pm On Apr 10, 2022
Good news
Abeg source?
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Re: Court Declares Cryptocurrency Trading Not Illegal. by DispatcherLagos: 8:46pm On Apr 10, 2022
grin
Yes Na.
Hasn't their stupid enaira failed?
Ndi iberiberism
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Re: Court Declares Cryptocurrency Trading Not Illegal. by AdeyLolah(m): 8:48pm On Apr 10, 2022
Better.
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Re: Court Declares Cryptocurrency Trading Not Illegal. by Evaloyal2J(f): 8:58pm On Apr 10, 2022
Emifiele and his employers need to go With their useless economic policies that has taken us back to stone.
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