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.
https://www.reuters.com/world/africa/nigerian-central-bank-lifts-ban-crypto-trading-2023-12-23/
Nigeria legalises crypto trading…
potential for irony and humour here is just overwhelming. I cannot type for laughing…
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.