Nigerian central bank lifts ban on crypto trading

Nigeria’s central bank has lifted a ban on transacting in cryptocurrencies, while saying global trends had shown a need to regulate such activities, the bank said in its latest circular.

Nigeria legalises crypto trading…
potential for irony and humour here is just overwhelming. I cannot type for laughing…

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Let the Nigeria Prince - Crypto mine scams begin!

But good news for the people, I think. It’s the largest peer 2 peer financial system in the world at the moment. The banks will surely give the p2p players a run for their money! At minimum, more competition.