It's no news that the Central Bank of Nigeria has ban every transaction that has anything to do with cryptocurrency in the Nigerian financial institutions... Many Nigerians are not happy with this development even as there are rumors on why cryptocurrency was ban in Nigeria.
According to Dr. Kemi the following are the reasons Government banned the financial institutions from involving in cryptocurrency related business.
1. EFCC cannot access BTC accounts of youth due to password restrictions
2. Northerners are losing $£€ changing biz due to Covid-19
3. Bleep up #Endsars organizers donations
4. Bleep up Sunday Igboho Donations
5. Suffer Nigerian youth
According to Dr. Kemi the following are the reasons Government banned the financial institutions from involving in cryptocurrency related business.
1. EFCC cannot access BTC accounts of youth due to password restrictions
2. Northerners are losing $£€ changing biz due to Covid-19
3. Bleep up #Endsars organizers donations
4. Bleep up Sunday Igboho Donations
5. Suffer Nigerian youth