privaldo:


CBN can't kill crypto, they should learn to live with it. The Chinese and Iranian governments tried it, and failed so I don't see CBN getting it either. If P2P lending is killed (which I doubt is possible) then more ways will emanate.

Buzx:


I hope you don't regret this, this panic sale you just did.

BlackfireX:



Thunder suppose fire you

jaykay68:
Pls does this affect bitcoin too?, l have 2 bit coin.

thebosstrevor1:


In India, they banned crypto.

Rather than complain.

Withdraw your crypto and send it through western union or world remit, do cash pickup and receive your money in dollars.

tradepunter:
My thoughts of late have been che guavara inclined... The oppression is getting unbearable

Geopex:


How? Bitcoin price is high now and i decided to withdraw from the naira i kept in my wallet to test if the ban is effective bcuz I don't seem to understand all these move from Fg. At my own will to buy Bitcoin from luno if the price become low.

Buzx:


It's good, the investment in crypto. It's not very wise to move all your money to crypto for easy liquidity.

Gerrard59:


You must be very stoopid!

Buhari who had antecedents from the '80s and you were warned is who you supported in 2015?

Idiot!

Buzx:


Okay. I thought you took out your coins. This might even be fake news.

Geopex:


Me just withdraw money from luno now and they have alert me within 2 minutes. So don't panic

softset:
I have always said it that this government is run by insane people. How could you just wake up and make such a decision?

I won't blame them, next election, if you like collect 5000 you will get worse treatment.

Look at NIN, some idiot just woke up and made a decision without putting lots of things into consideration, so I arrive Nigeria now with no way to get a phone number. Many government decisions are never thought through.

We deserve better than what we are getting, Nigerians are smart people, we should never settle for less , mediocrity should not be an option when choosing leaders.

I apologize for being part of those that encouraged people to vote for Buhari during the first election, I encouraged over 80 of my employees in Lagos to vote for him, I thought he was the messiah. I later realized that this man really has nothing much to offer. Someone that thinks today is Monday

softset:
I have always said it that this government is run by insane people. How could you just wake up and make such a decision?

I won't blame them, next election, if you like collect 5000 you will get worse treatment.

Look at NIN, some idiot just woke up and made a decision without putting lots of things into consideration, so I arrive Nigeria now with no way to get a phone number. Many government decisions are never thought through.

We deserve better than what we are getting, Nigerians are smart people, we should never settle for less , mediocrity should not be an option when choosing leaders.

I apologize for being part of those that encouraged people to vote for Buhari during the first election, I encouraged over 80 of my employees in Lagos to vote for him, I thought he was the messiah. I later realized that this man really has nothing much to offer. Someone that thinks today is Monday

Geopex:


Good one, i ensure i balance it all, at a point in time, i must have cash with me, have money in my bank acct, have money virtually tru bet9ja, now with luno. All can only disappear if the earth wanna collapse and the owner goes down too.

Vistra40:


What has EndSARS got to do with cryptocurrency oga? Do you have sense at all?

SeunAdeniyi1:
People like Patricia go cry this year o.

It was high time the government ban crypto exchanges. It is one of the things killing our useless naira. People would rather store their funds in bitcoin and co. than to store it in naira.

Geopex:

Sold my coin last week Friday when the price was up and i kept the money in NGN wallet dea , patiently waiting for the price to go down so that I can buy and keep again.

thebosstrevor1:

BetBuilder365:
Nothing entices me about nigeria, failed country, backward nation. Nigeria no go better, let's stop fooling ourselves. When many many countries are opening up to crypto, considering the times, these backward idiots just woke up and make a negative decision that will not only harm the economy but just will not move any thing in the right direction. govt na business, they want to protect their looting.

lalasticlala:
CBN Shuts Down Cryptocurrency Exchange Bank Accounts

"February 5, 2021

LETTER TO ALL DEPOSIT MONEY BANKS, NON-BANK FINANCIAL INSTITUTIONS AND OTHER FINANCIAL INSTITUTIONS

The Central of Bank of Nigeria's (CBN) circular of January 12, 2017 ref FPR/DIR/GEN/C1R,06/010 which cautioned Deposit Money Banks (DMBs), Non-Bank Financial Institutions (NBFIs), Other Financial Institutions (OFIs) and members of the pubic so the risk associated with transactions In crypto currency refers.

Father to earlier regulatory directives on the subject, the Bank hereby wishes to remind regulated institutions that dealing in crypto curencies or facilitating payments for cryptocurrency exchanges is prohibited. Accordingly, all DMBs.

NBFIs and OFIs are directed to identify persons and/or entities transacting in or operating crypto currency exchanges within tier systemsand ensure that such accounts are closed immediately. Please note that breaches of this directive will attract severe regulatory sanctions. This letter is with immediate effect."

Osaretin Victor Asemota @asemota shared it on Twitter and wrote:



https://twitter.com/asemota/status/1357647685801676802

A Twitter user, Futurist @nathaniel_luz, reacted:


https://twitter.com/nathaniel_luz/status/1357648314016096256?s=19