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CBN And Cryptocurrency - Investment - Nairaland

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CBN And Cryptocurrency by Starzzy: 4:10pm On Dec 29, 2023
A recent circular was passed by the Central Bank of Nigeria regarding dealings in cryptocurrency. But reading it critically, one cannot really conclude that the ban on cryptocurrency has been lifted.

Please what is the import of the recent circular and it's effect on crypto dealings?

I went into the trading of crypto until the government decided to put a ban on it by prohibiting commercial banks from facilitating such transactions. Therefore, I had to abandon it totally and now I'm contemplating on resuming it.

Is it lifted and is it still profitable?
Re: CBN And Cryptocurrency by dawnomike(m): 4:34pm On Dec 29, 2023
Starzzy:
A recent circular was passed by the Central Bank of Nigeria regarding dealings in cryptocurrency. But reading it critically, one cannot really conclude that the ban on cryptocurrency has been lifted.

Please what is the import of the recent circular and it's effect on crypto dealings?

I went into the trading of crypto until the government decided to put a ban on it by prohibiting commercial banks from facilitating such transactions. Therefore, I had to abandon it totally and now I'm contemplating on resuming it.

Is it lifted and is it still profitable?
The ban is lifted and crypto is still profitable but risky depending on which aspect of crypto you embark your journey upon.
Re: CBN And Cryptocurrency by Bitbibx: 10:14pm On Jan 03
I have a Telegram group where I teach forex trading, perhaps u will be welling to join search prism_financial

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