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$500m worth of bitcoin traded in Nigeria in last 5 years – Moghalu
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Moghalu frowns at cryptocurrency ban, reveals $500m worth of Bitcoin traded in last five years
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$500m Worth Of Bitcoin Traded In Nigeria In Last Five Years – Moghalu
Moghalu, who was once the Head of Directorate of the Central Bank of Nigeria, (a unit which he says is in charge of the financial systems), disclosed these figures while reacting to the recent CBN policy which directed all banks to close accounts that transact in cryptocurrency.
by SaharaReporters, New York
Feb 08, 2021
Former presidential candidate, Kingsley Moghalu, has said that $500 million worth of Bitcoin has been traded in Nigeria within the last five years.
Moghalu, who was once the Head of Directorate of the Central Bank of Nigeria, (a unit which he says is in charge of the financial systems), disclosed these figures while reacting to the recent CBN policy which directed all banks to close accounts that transact in cryptocurrency.