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Nigeria's crypto crackdown causes confusion - Vimarsana News

Nigeria's crypto crackdown causes confusion

Nigeria's crypto crackdown causes confusion dw.com 2/12/2021 dw.com Nigeria — the world's second-largest Bitcoin market after the United States — has banned the trading of cryptocurrencies. It's triggered anger among Nigerians who see cryptos as a safe haven in a battered economy. © picture-alliance/dpa/J. Kalaene Provided by Deutsche Welle Cryptocurrencies eliminate the need for banks and other financial intermediaries in managing exchanges of currency and assets. Despite the technology being decentralized — with no government, company or person controlling it — ...

Source: msn.com
Nigeria′s cryptocurrency crackdown causes confusion | World| Breaking news and perspectives from around the globe | DW - Vimarsana News

Nigeria′s cryptocurrency crackdown causes confusion | World| Breaking news and perspectives from around the globe | DW

Nigeria — the world's second-largest Bitcoin market after the United States — has banned the trading of cryptocurrencies. It's triggered anger among Nigerians who see cryptos as a safe haven in a battered economy.

Source: dw.com