Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern
Nigerian authorities are reportedly planning to prohibit financial institutions from facilitating peer-to-peer cryptocurrency transactions. According to a report, Nigeria’s Office of the National Security Adviser has... See more for yourself here (https://news.bitcoin.com/nigeria-mulls-over-banning-p2p-crypto-transactions-labels-crypto-trading-as-national-security-concern/).
Your opinion is greatly appreciated.
Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern
Nigerian authorities are reportedly planning to prohibit financial institutions from facilitating peer-to-peer cryptocurrency transactions. According to a report, Nigeria’s Office of the National Security Adviser has... See more for yourself here (https://news.bitcoin.com/nigeria-mulls-over-banning-p2p-crypto-transactions-labels-crypto-trading-as-national-security-concern/).
Your opinion is greatly appreciated.
The government is getting it all wrong, they have to focus on the way to use in building up the economy and not side attractions like the p2p networks in cryptocurrencies or how they trade, it has to be clear to them that trading has been something ongoing right from the onset, people need to trade with other currencies for both fiat and other forms of currencies including bitcoin in cryptocurrency, which i don't see as a reason why the economy there is on a retrogress.