Nigerians stand unrestricted to utilize bitcoin, in the country-CBN GOVERNOR
Nigerians stand unrestricted to utilize bitcoin, in the country-CBN GOVERNOR.
The Central Bank of Nigeria (CBN) said there was no time yet for banks to ban cryptocurrency activity in the country.
The governor of the bank, Godwin Emefiele, announced this in Abuja at the 30th seminar for finance correspondents and business editors organized by the banking sector on cryptocurrency activity, not a ban on its activity.
CBN does not limit the use of cryptocurrencies and we do not stop people from trading them. What we've just done is ban cryptocurrency transactions in the banking sector.
Said by CBN GOVERNOR
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