RE: VERY CONCERNING NEWS: What does new BAN ON CRYPTO means for Nigerian users?
I think the whole issue was exaggerated alittle by the press. I believe that no reasonable government will place a ban on something without explaining why they are taking that strict action. There is also a popular video going around that was released by the press when they interview one of the CBN official that said that the press misunderstood them on the issue. I believe that time will tell but I also strongly believe that this cannot affect crypto industry in Nigeria like the way they paint it in some publications on the internet.
In the next few days the whole issue will be clear to everyone but I still maintain my stand that CBN can not block the account of people involved in Cryptocurrency because majority of Nigeria youth are in one way or the other involved in Cryptocurrency.