Why the Crypto World Needs to Pay Attention to the Recent Crypto Ban in Nigeria

Why the Crypto World Needs to Pay Attention to the Recent Crypto Ban in Nigeria

When the Nigerian Central Bank halted trading in cryptocurrencies earlier this year, its impact was felt beyond the African nation’s borders, write Gabriella Kusz, Board of Directors, Global Digital Asset & Cryptocurrency Association, and Senator Ihenyen, President, Stakeholders in Blockchain Technology Association of Nigeria (SiBAN). In this article, Ms. Kusz and Mr. Ihenyen offer their analysis on the Nigeria situation, its cross-border implications and why a cryptocurrency market is good for the country.

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