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Nairaland Forum / Nairaland / General / Romance / RE: CBN Cryptocurrency Ban Would Hurt Government Finance More (235 Views)
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RE: CBN Cryptocurrency Ban Would Hurt Government Finance More by Nobody: 9:11pm On Feb 05, 2021 |
The CBN hasty move to ban cryptocurrencies came too late. Cryptocurrencies has gained popularity among the countries young population and most of the youth I know has already shipped some bucks to one of these exchanges to raise capital for their daily traded. The latest move by the CBN would only make maximize profit and spread it across exchanges that would continue to find all ways to penetrate the Nigerian market. The truth is, in years to come remittances from across the world won't be accessed by the CBN. THIS IS REALITY! The federal government should scavenge for new ways to get foreign exchange cause, remittances would be scarce. Nigeria's security has collapse, now it finance is on a binge. What next before we become history? |
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