CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Invezz 2024-05-07 09:55:48

Nigeria to ban person-to-person cryptocurrency trading to protect the naira

In a significant regulatory shift, Nigeria has announced plans to prohibit person-to-person (P2P) cryptocurrency trading in the Nigerian naira, aiming to safeguard its local currency from further depreciation and market manipulation. New regulations on the horizon for the crypto sector Emomotimi Agama, the Director General of Nigeria’s Securities and Exchange Commission (SEC), disclosed during a

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.