Is Bitcoin Banned In Nigeria / Nigeria is Emerging as a True Bitcoin Nation - arketyp. : Nairaex said that they are currently.. Nigerian cryptocurrency ban wey central bank of nigeria cbn announce to stop trading in crypto dogecoin, bitcoin, ethereum no dey new. The only thing is just that our definition of terrorism is different. The apex bank in nigeria, the central bank of nigeria has placed a ban on bitcoin and crypto currency on all banks and other financial institutions. Basically, the nigerian government is banning people from cryptocurrency because of two things. Nigeria central bank on friday stop banks and financial institutions for di west african nation.
For months nigeria has taken the lead in google trends for bitcoin. Some countries like kenya for example has even adopted crypto as one of it's reserves. At the end of august 2016 the search volume in the west african country ramped up. Bitcoin has been trading at more than $72,000 in nigeria, one of africa's richest country with a gdp of $400 billion. Unfortunately, the ban — which came as a sudden reminder of what the.