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CBN Shuts Down Cryptocurrency Exchange Bank Accounts - Business (13) - Nairaland

Nairaland Forum / Nairaland / General / Business / CBN Shuts Down Cryptocurrency Exchange Bank Accounts (96158 Views)

Over 91 Million Bank Accounts At Risk Of Deactivation As CBN's BVN/NIN Deadline / CBN Shuts Down AbokiFX Bank Accounts / More Bank Accounts To Be Shut As CBN Issues Strict BVN Rules (2) (3) (4)

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Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by fowlyansh181(m): 4:05pm On Feb 05, 2021
Dharniel600:
I still don't understand. I funded my Luno account to buy Ethereum this afternoon and it was successful. Make CBN no just try rubbish o
this is Saturday, wait for next week first to be sure

1 Like

Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by olaxm: 4:06pm On Feb 05, 2021
This CBN news-move make sense. It make Naira rise against dollars. Me that been waiting since to buy @450. More bad news  abeg cos Naira against Dollar is best below 400.

1 Like 1 Share

Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by Nobody: 4:08pm On Feb 05, 2021
Rikidony:
guys pls hold on, what does this mean, is it that all my money i invest in Luno, Roqqu, Binance and Abitrader is gone and i cant withdraw back my money, because I'm not understanding..

You're better sell your Ctypto for Naira fast before it's too late
Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by Laboni: 4:08pm On Feb 05, 2021
GamalNasser:


The fact that Nigerians are the second highest investors in Crypto after America shows we are doing it wrong ...
Oga who told you that?
Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by Hotice085: 4:10pm On Feb 05, 2021
thebosstrevor1:


So this is in this country, where fraud is the order of the day you want me to send my btc to someone i don't know online.

Maybe your head is paining you.

I rather be a cave man than send my btc to an unknown person disguising as an exchanger.
.

Omo you are so dumb! if u don't know a thing just shut up

2 Likes

Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by Rules7: 4:10pm On Feb 05, 2021
studentoftruth you see this man,
believe it or not this country can never get better, believe it or not you better find your way.
Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by afroxyz: 4:10pm On Feb 05, 2021
grossintel:
How exactly would this stop crypto? Peer to Peer guys, use Localbitcoins, Finance Peer to Peer etc. Get a Crypto card for making ATM withdrawals, you can get one from Revolut, Bitpay, Cryptodotcom, Binance crypto card. Infact pretty much any debit card with Visa or Mastercard should work.
Can you use this to deposit in local and dorm accounts?
Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by Buchisco22(m): 4:11pm On Feb 05, 2021
Geopex:



Can't u withdraw now . Me just withdraw 150k from luno now now oo.

Bros, Abeg your money Don drop?

2 Likes

Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by Rawtruth1: 4:11pm On Feb 05, 2021
When we cried in 2015, you people called us "wailers". What we(Igbos) sit down and see, you people can't see it even if you climb fifty stairs. Enjoy your "change"

2 Likes

Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by Nobody: 4:13pm On Feb 05, 2021
Hotice085:
.

Omo you are so dumb! if u don't know a thing just shut up

It is better to be dumb than to be intelligent like you.

1 Like

Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by livinbygrace: 4:14pm On Feb 05, 2021
Una never see anything yet!!I was telling someone that any southerners supporting this evil act being carried out by this fulani Efcc is a fool and not intelligent.To them destruction of farms produce worth millions by their almighty fulani hardmen is good and has nothing to do with economy?What concern Efcc in arresting Yahoo boys?Who is the complainant?Who reported them to have been duped?Thats was not the reason why Obasanjo set-up Effcc in 2001.That was the job of special fraud unit and you must have committed and reported before you can be arrested and prosecuted.
There is more to this than meets the eyes.They keep on arresting southern youths,sending them to prisons whereby pampering their spoil brat drug addict youths in the north.Who is arresting those drug addicts in the north thyat are constituting nuisance in the North?
Who is arresting those bureau de change mallams?Most of the account being used by these boys are being provided by Northerners and who is arresting them?
They have concluded plans in sending all our abled and well to do youths to prison by rendering them useless and invading the south.
Go to all Federal Ministries,its being run by the Northerners and nothing for our southerns graduate and you are still harrasing and intimidating them.
Lagos and most southern states have been taking over by Northerners and their brothers from Chad,Niger while our youths are being sent to Prisons.
Southerners wake up,northerner are doing worse than this!!

3 Likes 1 Share

Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by Rawtruth1: 4:14pm On Feb 05, 2021
[When we cried in 2015, you people called us "wailers". What we(Igbos) sit down and see, you people can't see it even if you climb fifty stairs. Enjoy your "change*




quote author=softset post=98767609]I have always said it that this government is run by insane people. How could you just wake up and make such a decision?

I won't blame them, next election, if you like collect 5000 you will get worse treatment.

Look at NIN, some idiot just woke up and made a decision without putting lots of things into consideration, so I arrive Nigeria now with no way to get a phone number. Many government decisions are never thought through.

We deserve better than what we are getting, Nigerians are smart people, we should never settle for less , mediocrity should not be an option when choosing leaders.

I apologize for being part of those that encouraged people to vote for Buhari during the first election, I encouraged over 80 of my employees in Lagos to vote for him, I thought he was the messiah. I later realized that this man really has nothing much to offer. Someone that thinks today is Monday[/quote]
Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by munachiso58(m): 4:17pm On Feb 05, 2021
thebosstrevor1:


In India, they banned crypto.

Rather than complain.

Withdraw your crypto and send it through western union or world remit, do cash pickup and receive your money in dollars.
which means cryptocurrency apps no follow like luno??
Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by Ghozky(m): 4:18pm On Feb 05, 2021
#EndCBNBanAgainstCryptoX
#SayNoToCBNAgenda
We no go gree
Let the protest begin.

2 Likes

Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by munachiso58(m): 4:18pm On Feb 05, 2021
Buchisco22:

Bros, Abeg your money Don drop?
lol
Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by Nobody: 4:20pm On Feb 05, 2021
munachiso58:
which means cryptocurrency apps no follow like luno??

You will be able to buy on luno but you cant sent your profit to your bank account through luno app
Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by Francisvis(m): 4:20pm On Feb 05, 2021
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Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by chimex001(m): 4:23pm On Feb 05, 2021
FAKE NEWS!!!
I just checked CBN website (cbn.gov.NG) and nothing like that was found
Please ignore

4 Likes

Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by Nobody: 4:25pm On Feb 05, 2021
grossintel:
How exactly would this stop crypto? Peer to Peer guys, use Localbitcoins, Finance Peer to Peer etc. Get a Crypto card for making ATM withdrawals, you can get one from Revolut, Bitpay, Cryptodotcom, Binance crypto card. Infact pretty much any debit card with Visa or Mastercard should work.

OK! That means crypto is unstoppable
Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by Hotice085: 4:25pm On Feb 05, 2021
thebosstrevor1:


It is better to be dumb than to be intelligent like you.
.
True, crab brains only roll with crabs
Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by rotile247(m): 4:28pm On Feb 05, 2021
Selfkontrol:
We’re being govern by stupid and backward leaders. For those trading bitcoin pls always use peer to peer for your transactions. That way you’re dealing with an individual selling to you and not directly from the bank. They can only flag it if they know the source of the funds. Always use remitano and Binance peer to peer for buying and selling btc. Nonsense and ingredients

Good. Always avoid remark or narration containing bitcoin, btc, crypto, crypto currency etc . Just person name only.
Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by greatreality: 4:28pm On Feb 05, 2021
SeunAdeniyi1:
People like Patricia go cry this year o. grin

It was high time the government ban crypto exchanges. It is one of the things killing our useless naira. People would rather store their funds in bitcoin and co. than to store it in naira.
Why is it not affecting other parts of the country, don't be too archaic instead of blaming cryptocurrency for fall in Naira try and blame those who failed to know how to rule.
Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by lkillbrokehoes: 4:29pm On Feb 05, 2021
ibkayee:
They don’t want a decentralised system, they hated the fact that they couldn’t control crypto accounts during EndSars. But if it wasn’t EndSars it would’ve been something else to trigger this action from them. It’s also a threat to the useless naira but they won’t address the root cause of its fall and do what they need to do to strengthen the currency long term. Nigeria and knee jerk senseless actions strikes again
My love, my babymama
Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by Nobody: 4:30pm On Feb 05, 2021
Hotice085:
.
True, crab brains only roll with crabs


Thank God you know you have a crab brain

1 Like

Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by lkillbrokehoes: 4:31pm On Feb 05, 2021
grossintel:
How exactly would this stop crypto? Peer to Peer guys, use Localbitcoins, Finance Peer to Peer etc. Get a Crypto card for making ATM withdrawals, you can get one from Revolut, Bitpay, Cryptodotcom, Binance crypto card. Infact pretty much any debit card with Visa or Mastercard should work.
Fact! they are just deceiving themselves
Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by Nobody: 4:32pm On Feb 05, 2021
Dharniel600:
I still don't understand. I funded my Luno account to buy Ethereum this afternoon and it was successful. Make CBN no just try rubbish o

You can fund but can't send the fund to your bank account through luno
Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by Mrquote: 4:32pm On Feb 05, 2021
SeunAdeniyi1:
People like Patricia go cry this year o. grin

It was high time the government ban crypto exchanges. It is one of the things killing our useless naira. People would rather store their funds in bitcoin and co. than to store it in naira.
Did they call you when they want tk devalue naira, people that like your comment i dont knw how they reason though
Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by christopheojo(m): 4:33pm On Feb 05, 2021
This is not an issue there is always a way out by using p2p to trade crypto and thereby eschew writting crypto as narration....
Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by munachiso58(m): 4:34pm On Feb 05, 2021
thebosstrevor1:


You will be able to buy on luno but you cant sent your profit to your bank account through luno app
i just dy pray let this be fake news
Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by CocoaOla: 4:35pm On Feb 05, 2021
When visa card and master card global payment are going fully into bitcoin

Nigeria government are fraudulent Nigerian buy bitecoin

Its mostly because the NGN keeps loosing value, inefficiency of the CBN and over dependence of foreign made goods/ Rise and fall of Crude oil.

The government deliberately devalue crash the Naira on Nigerians to make themselves rich
And Nigerians purchase power poor

An average Nigerian works hard, earns less, pay for basic need at a inflated cost.

This country is not working
Nigerian politicians doesn't care about her citizens welfare

80% of the populations of Nigeria will fall into poverty soon

This country should separate people are suffering

2 Likes

Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by femifemi1(m): 4:36pm On Feb 05, 2021
When the leader is a sheep and the followers are lions, they are bound to eat grass.

What do you guys think election is all about?

Do you think it is all about selecting a leader?

You are damn wrong.

It is about creating your future and shaping your own destiny.

If you think your future and destiny meant nothing to you, then vote for a ruler while your destiny needs a leader.

Sometimes, I just need to ask if Nigerians are daft, maybe No.....but when your destiny is still using gear1 at the age of 50, tell me when will you get to your destination?

2 Likes 1 Share

Re: CBN Shuts Down Cryptocurrency Exchange Bank Accounts by Mrquote: 4:37pm On Feb 05, 2021
Rikidony:
guys pls hold on, what does this mean, is it that all my money i invest in Luno, Roqqu, Binance and Abitrader is gone and i cant withdraw back my money, because I'm not understanding..
Am asking the same question, and you can't fund using ur card again self

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