REVEALED: Why Nigeria BANNED Bitcoin - What you MUST Know!

In this video, I discuss CBN’s (Central Bank of Nigeria’s) decision to ban cryptocurrency. In February of 2021, the CBN issued a letter stating that banks are prohibited from transactions with companies that deal In cryptocurrency. This has led to massive devastation and huge losses for businesses. This is my summary of the situation and my recommendations. What are your thoughts? #Bitcoin #Cryptocurrency #Nigeria

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Chapters:

0:00 - Intro
0:47 - Interlude
1:18 - The First CBN Letter in 2017
2:46 - The SEC Notes on CryptoCurrency
3:36 - The Ban of Crypto Currency in 2021
4:48 - The Numbers
5:53 - Why did the CBN Ban Crypto?
7:44 - The Result So far (How we are Affected)
9:23 - Solution: Way Forward

Relevant LINKS:

CBN 2017 Letter: https://bit.ly/3cLDiIT
CBN Feb, 2021 Letter: https://bit.ly/3rqiA5B
CBN 2020 Letter Banning IMTO: https://bit.ly/3oUiDEV

SEC Statement on Cryptocurrency: http://bit.ly/36OWOjT
QZ - Quartz Article: http://bit.ly/3cO587B
Front Cover of ThisDay: https://bit.ly/3aMqgZ4

BuyCoins CEO Medium Stats: http://bit.ly/3cKEbBD
BitSika Tweet: https://bit.ly/3oYRcKh
Stears Article Stats: http://bit.ly/3cMIix3
Stears Crypto Data: http://bit.ly/39Y2hqT

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Видео REVEALED: Why Nigeria BANNED Bitcoin - What you MUST Know! канала Fisayo Fosudo