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Why Nigeria’s blockchain industry is so ‘shocked’ by the central bank’s new crypto policy move

Why Nigeria’s blockchain industry is so ‘shocked’ by the central bank’s new crypto policy move

Quick Take

  • Nigeria’s central bank appears to be cracking down on cryptocurrency — just as the nation’s crypto industry is taking off.
  • Opponents say the move will force legitimate crypto transactions into riskier markets and discourage foreign investment.

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Author: MK Manoylov


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