Do you think the ban stamped by CBN on Naira to Crypto exchange will be reversed??

[Highflyer]

I believe the ban on cryptocurrency trading by the government will be reversed. Meetings are already going on between the Senate and the Central Bank of Nigeria on reasons why cryptocurrency shouldn't be banned.

 

[Blackjay]

Yes i think it would be reversed when the government realizes how important it is . due to the acceptance by other countries i think nigerian government would see the mistake they are making and do the right thing.

 

[kayode10]

We all know the current state of Cryptocurrency in our country. Things aren't going well right now when it concerns crypto exchange. I heard today that the Nigerian senate have arranged a memorandum of understanding with CBN to reverse the current ban imposed on Naira to Cryptocurrency exchange. Cos they believe that the hard working Nigerian citizens earning legitimately through crypto investment shouldn't suffer more than they can. They have reviewed the issue and want to do something about it, based on the widespread rant caused by dissatisfied people that were heavily affected in the recent crypto ban pronouncement.

Do you think they can reach concrete consensus to come up with a solution to our problem and reverse the current ban??

One thing I can say is that this ban create opportunity to have another venue of making money from cryptocurrency. I don't think Central Bank of Nigeria can reverse the policy made about the cryptocurrency. one thing I know about Nigerian youths that they are going to come up with another way without getting affected by this policy. To be very honest Nigerian youths are not lazy.

 

[WhiteHouse]

My prayer is that they meet at a consensus Agreement, they are still debating the actions of the CBN at the senate and we hope the results come out negative, if this draconia law remains it's really gonna have a negative impact on youths.

 

[Atif3786]

Bitcoin, Dogecoin, Ethereum - dis na some of di popular cryptocurrency wey Africans don dey trade in and di fact say many kontries never recognize am as legal money no stop di growth.

One report by sabi company Baker Mckenzie say Nigeria na number three in di world for countries wey dey trade in Bitcoins (wey be di most popular type of cryptocurrency).
And Paxful, wey be crypto exchange platform say for 2020, Nigeria na im do crypto trading pass for Africa wit volume of 60,215 Bitcoins wey worth $566,668,692.

 

[Noor khan]

We all know the current state of Cryptocurrency in our country. Things aren't going well right now when it concerns crypto exchange. I heard today that the Nigerian senate have arranged a memorandum of understanding with CBN to reverse the current ban imposed on Naira to Cryptocurrency exchange. Cos they believe that the hard working Nigerian citizens earning legitimately through crypto investment shouldn't suffer more than they can. They have reviewed the issue and want to do something about it, based on the widespread rant caused by dissatisfied people that were heavily affected in the recent crypto ban pronouncement.

Do you think they can reach concrete consensus to come up with a solution to our problem and reverse the current ban??

Yes definitely you are right Unsuccessful people don’t value their time. They are everywhere, anywhere, anytime because they lack the ability to dedicate their time towards their goals. And year after year they make new promises which never come to fruition simply because they couldn’t be bothered to put in the time required towards their goals. Time management skills, learning how to say no and knowing what commitments to undertake, is a step towards great success in any area of our lives.
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We all know the current state of Cryptocurrency in our country. Things aren't going well right now when it concerns crypto exchange. I heard today that the Nigerian senate have arranged a memorandum of understanding with CBN to reverse the current ban imposed on Naira to Cryptocurrency exchange. Cos they believe that the hard working Nigerian citizens earning legitimately through crypto investment shouldn't suffer more than they can. They have reviewed the issue and want to do something about it, based on the widespread rant caused by dissatisfied people that were heavily affected in the recent crypto ban pronouncement.

Do you think they can reach concrete consensus to come up with a solution to our problem and reverse the current ban??

Yes definitely you are right Unsuccessful people don’t value their time. They are everywhere, anywhere, anytime because they lack the ability to dedicate their time towards their goals. And year after year they make new promises which never come to fruition simply because they couldn’t be bothered to put in the time required towards their goals. Time management skills, learning how to say no and knowing what commitments to undertake, is a step towards great success in any area of our lives.

 

[Sincerem]

One thing I can say is that this ban create opportunity to have another venue of making money from cryptocurrency. I don't think Central Bank of Nigeria can reverse the policy made about the cryptocurrency. one thing I know about Nigerian youths that they are going to come up with another way without getting affected by this policy. To be very honest Nigerian youths are not lazy.

Like CBN doesn't reverse it, already we've found solution to be cashing out funds. Peer to peer negotiations is the best at the moment since the Nigerian central bank have reluctantly luck their minds to reverse this particular ban on Cryptocurrency.

 

[zenith]

I strongly believe if they put pressure on them they will reverse it.our central bank is occupied by bunch of analog guys.they think of another way except ban.i want them to also remove that limit on card transaction on foreign website and also the restriction on the use of our card on foreign website.

 

[Sincerem]

Anything is possible if the right people are involved in reviewing with the CBN and make them see the best way it will contribute to the economy of Nigeria and also how it can be regulated. I believe they can reverse it.

CBN knows the best, but they won't act that way cos they don't want us to see the light. They want them alone to be enjoying the money. They don't like that the good citizens are making waves through Cryptocurrency to survive on their own and not relying on the government to help them.

 

[Hena101]

Yeah of course, looking at how the Senate house representative has begin to debate about it. Even though there is a disagreement between the Senate from the North and their counterpart from the South there is a sign of reversing the bill if they can reach agreement between for the better of youth because youth have invested and are trading crypto currency and making money from it

 

[Veetos12]

CBN knows the best, but they won't act that way cos they don't want us to see the light. They want them alone to be enjoying the money. They don't like that the good citizens are making waves through Cryptocurrency to survive on their own and not relying on the government to help them.

You are right actually. That's very bad of the Central bank of Nigeria if they are only after their selfish interest. What baffles is that most of our politicians are also trading crytocurrency and they can't pretend as if this doesn't concern them.

 

[Cee C Chriss]

There’re lots of good cryptocurrency exchange platform. Though each offers different types of services and their policies may seem different but they’ve all proven to be safe and secure. Most times I advise newbies to use coinbase cause they’ve easy policies and its transaction fee is low. Moreover coinbase has been in existencefor some years now and it’s a safe platform

 

[GoldenLady]

We all know the current state of Cryptocurrency in our country. Things aren't going well right now when it concerns crypto exchange. I heard today that the Nigerian senate have arranged a memorandum of understanding with CBN to reverse the current ban imposed on Naira to Cryptocurrency exchange. Cos they believe that the hard working Nigerian citizens earning legitimately through crypto investment shouldn't suffer more than they can. They have reviewed the issue and want to do something about it, based on the widespread rant caused by dissatisfied people that were heavily affected in the recent crypto ban pronouncement.

Do you think they can reach concrete consensus to come up with a solution to our problem and reverse the current ban??

Based on the Nigerians I know, we should expect two scenarios.

First they drag it as long as they wish to, this is if it doesn't affect them.

If it affects them, especially if they have large crypto holdings, it will be a favourable result.

 

[Mishi]

The defined benefit plan uses the average of the three consecutive years he received the greatest amount of compensation. For this employee, these are $58,000, $60,000 and $62,000. The average amount works out to $60,000.
The defined benefit plan applies a pension factor of 1.5 percent.

 

[Tariq Nazir]

I strongly believe that the ban may be lifted any time soon but what i don't understand in this my country is how can they see their masses suffering...those that have found a way to their financial freedom...they are on a mission to thwart their efforts.

 

[Tundeoguns1]

Do you think the ban stamped by CBN on naira to crypto currency exchange will be reversed. That's an awesome question. Well to me I think the ban set by CBN on naira to crypto currency exchange will be reversed because alot of people have invested alot in crypto currency and the ban as been a barrier for people who wants to withdraw there funds.

 

[btaliat]

This is not the first time government is issuing ban against cryptocurrency in Nigeria. But this time I don't think they want to reverse it. Their aim is to fight the youth because of the endsars saga but the youth will always ahead of them in the game they are playing.

 

[Chumzy]

The question of weather or not it will be reversed is not so much a doubt. But I think it will be certainly reversed and I have no doubt regarding that. It would be a question of the time in question or how long it takes to happen.

 

[Olagunju Opeyemi]

I believe the ban on cryptocurrency trading by the government will be reversed. Meetings are already going on between the Senate and the Central Bank of Nigeria on reasons why cryptocurrency shouldn't be banned.
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My prayer is that they meet at a consensus Agreement, they are still debating the actions of the CBN at the senate and we hope the results come out negative, if this draconia law remains it's really gonna have a negative impact on youths
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The question of weather or not it will be reversed is not so much a doubt. But I think it will be certainly reversed and I have no doubt regarding that. It would be a question of the time in question or how long it takes to happen.
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One thing I can say is that this ban create opportunity to have another venue of making money from cryptocurrency. I don't think Central Bank of Nigeria can reverse the policy made about the cryptocurrency. one thing I know about Nigerian youths that they are going to come up with another way without getting affected by this policy. To be very honest Nigerian youths are not lazy

 

[Good-Person]

I am not from Nigeria, but I really hope this ban will be lifted soon and many Nigerians will be able to earn from cryptocurrency very soon. I do believe that there might be some other ways to deal in cryptocurrencies in Nigeria. But I think that Nigerians should follow the law of their country right now and abstain from getting involved in any illegal activities. I really wish good luck to Nigerian people.