Has Nigeria banned cryptocurrencies, and why? – BBC Africa



Nigeria’s Central Bank has followed up its 2017 warning against the use of cryptocurrencies with additional restrictions.

Banks across the country have been told to close and report all cryptocurrency accounts. potentially leaving millions of dollars of cryptocurrency proceeds in limbo.

BBC Africa’s Keisha Gitari explains.

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  • About Video
  • Title: Has Nigeria banned cryptocurrencies, and why? – BBC Africa
  • Author: BBC News Africa
  • Views: 30143
  • Likes: 529
  • Length: 00:04:57
  • Upload Date: 2021-02-15 17:03:03
  • Tags: BBC,Africa,bbc africa,bbc news,africa news,bbc africa news,bitcoin,crypto,cryptocurrency,crypto news,bitcoin nigeria,crypto nigeria,what is bitcoin,what is cryptocurrency,nigeria,finance,africa



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