All the buzz about cryptocurrency and its restriction
Transactions can take place much quicker, easier and cheaper. The technology is not limited to virtual currencies but can work for almost every type of transaction between parties. Bitcoin trading gained much fame in 2016 during the recession in Nigeria just as Ponzi schemes developed like MMM, Get Help World Wide, Twinkas and others. However, due to the technicalities involved in learning the process, many Nigerians stuck to the Ponzi schemes until recently when knowledge of the blockchain technology began to expand in the country. In 2017, the Central Bank of Nigeria (CBN) issued a circular...
Source: dailytrust.com