Its no longer funny how the people of Nigeria which is considered as one of the most dominant black country are being subjected to frustration in the hands of their government. As if banning twitter social media wasnt enough, the Nigerian government went ahead to ban all crypto related transactions within the country. In an official statemnt, it then became a crime to perform crypto transactions as if you are caught, you stand a risk of a penalty.
while some other countries are adopting the digital technology, some are banning it, and the most annoying fact is the invention of the Enaira currency. you ban the usual crypto currencies including bitcoins and others and you expect the people to instantly adopt to a more controlled digital naira currency.
just recently, word had it that some agents from the central bank of Nigeria are present in the Binance p2p which the crypto minded citizens used as an alternative.
it has been heard that they are tracking down transactions and blocking crypto related bank accounts.
this is very appaling.
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