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Published 12 days ago

Nigeria Decides to Ban P2P Crypto Trading To Protect Local Currency

Summary by Coingape
Amid the plummeting value of Nigeria’s local currency Naira, there’s recently been a surge in crypto adoption in Nigeria further leading to person-to-person trading. However, the Nigerian authorities have brought an absolute ban on P2P crypto trading activities, in order to prevent any further harm to the local currency. Arresting P2P Crypto Trades in Nigeria Peer-to-peer platforms enable cryptocurrency investors to conduct trades directly with …

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Nigeria Decides to Ban P2P Crypto Trading To Protect Local Currency

Amid the plummeting value of Nigeria’s local currency Naira, there’s recently been a surge in crypto adoption in Nigeria further leading to person-to-person trading. However, the Nigerian authorities have brought an absolute ban on P2P crypto trading activities, in order to prevent any further harm to the local currency. Arresting P2P Crypto Trades in Nigeria Peer-to-peer platforms enable cryptocurrency investors to conduct trades directly with …

12 days ago
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