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CBN Ban On Cryptocurrency - Nairaland / General - Nairaland

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CBN Ban On Cryptocurrency by VGSocial: 4:37pm On Mar 02, 2021
The world is evolving! And as a nation, We should be flexible to accommodate such flexibilities.
Cryptocurrency is fast gaining ground as a means of payment. With the recent ban of cryptos by the CBN, several questions have been raised; Are our leaders Luddites or is there a genuine cause for concern? Are there no better ways to regulate cryptos as opposed to an outright ban? amongst others.
It is no news that many a time Nigeria takes a regressive growth to technological advancement. For an ailing economy, one would expect that the government supports new ideas and innovations by tech giants or startups in a bid to upscale economic growth and development.

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