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

[Dowenship]

Definitely it's likely that the ban will be reversed any moment from now because according to a need I read this afternoon, Nigerian Senate have summoned Nigerian CBN governor and Sec over the ban of crypto currency exchange Business in Nigeria

Up till today, i mean this very moment nothing as been done regarding this issue. The meeting that was called was just a formal meeting to be as if they are concerned....

 

[Yusuf]

I really don't think the government of Nigeria are actually ready to lift the ban of crypto currency exchange Business in the country and why I said this is because of the
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I really don't think the government of Nigeria are actually ready to lift the ban of crypto currency exchange Business in the country and why I said this is because of the fact that no committee have been put in place to check mate this

 

[GoldenLady]

Its not only this country actually. It's painful and frustrating for sure, but the SEC have been basically doing similar to citizens. Unless major world powers start tolerating a d accepting cryptocurrency, this Nigerian ban is most likely sure to continue

That's how our country is, when others are flying we are busy dropping down. I'm very saddened with this low breaking situation at hand. I just hope such memorandum of understanding between the senate and CBN goes as planned so the ban can be reversed.

 

[Rhapsody]

I believe so. They can not ban crypto currency for life. When some developed countries like china and United States adapt crypto currency, why will Nigeria not welcome crypto currency

 

[mcjerry]

It can be reversed. Only one person can't determine the affairs of the nation. I believe there are some top government officials who's investments could also be in cryptos. Moreover, so many countries are welcoming crypto currency. Nigeria can't just be an exception.

yes it can be reversed. But it is not the president that banned the crypto currency. It is collection of people that they banned crypto currency. But they will unban it soon because they will have no choice

 

[Sincerem]

Its not only this country actually. It's painful and frustrating for sure, but the SEC have been basically doing similar to citizens. Unless major world powers start tolerating a d accepting cryptocurrency, this Nigerian ban is most likely sure to continue

Already I've seen the saga, the ban is set to continue for long. I'm not seeing any end to it, cos everything about CBN concerning crypto to naira transaction is simply on the low.

 

[Hena101]

I don't think the present administration will reverse it because of the i don't care attitude they have toward it and the masses but we hope they do.

 

[Shigobad2020]

I dont think the government is ready to lift the ban anytime soon because they are not saying anything concerning the ban , my advise is that crypto currency user should look for other alternative mean in getting their money.

Up till today, i mean this very moment nothing as been done regarding this issue. The meeting that was called was just a formal meeting to be as if they are concerned....

 

[Thinker009]

I really hope the ban is reconsidered , because for now the government haven't made any adjustments regarding the change of the ban that have been imposed ,it's really affecting traders

 

[Setho]

For now I do not think that the ban is going to be reversed and even if it is going to be the worst then it is not even going to be anytime soon and people might have moved on from them.

 

[Senator]

Nigeria has a funny way of keeping certain of their anti people policies. This said ban on cryptocurrency in Nigeria might not really be lifted anytime soon because the rich folks don't want the so called ordinary people tonbette their lives

 

[Queentener]

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

I do not think the government are ready to change their mind on the ban, even if they would not now, maybe when is time to start campaign for the next election, they might uplift the ban to seek for votes.

 

[Sincerem]

I do not think the government are ready to change their mind on the ban, even if they would not now, maybe when is time to start campaign for the next election, they might uplift the ban to seek for votes.

With what I've seen they are simply reluctant on that. They never seem to relaxing such kind of decision. They can keep to themselves we are moving well around crypto.

 

[Heatman]

As far as I'm concerned when it comes to the Nigerian government there is nothing good about the Nigerian government when it comes to anything that has to do with cryptocurrency.

 

[Sincerem]

Laughs, their is nothing good around Nigerian government when it concerns cryptocurrency in the country they want to see it crumble.

 

[Heatman]

The rate at which the Nigerian government is very selfish when it comes to what is going to make money from them alone is very annoying because they don't really care about what happens to the entire citizens but themselves only.

 

[Sincerem]

The rate at which the Nigerian government is very selfish when it comes to what is going to make money from them alone is very annoying because they don't really care about what happens to the entire citizens but themselves only.

Lol, they are too selfish many of us knows that. They don't care about us they are too self centered to care for them alone and what they can achieve.

 

[Heatman]

As far as I know the only one that the Nigerian government will come out open little support cryptocurrencies in the country is if they can find a way to tax the users of the coin.

 

[Sincerem]

That's exactly how they'll support crypto apart from that their is nothing more bro. They are simply exploring only ways of gaining financially and not what's good for everyone.

 

[BrolySSJ]

I think that the ban will almost certainly be changed with time and the reason that i am saying this is that they are getting to their final stages of their digital currency and if they want it to be really sore, it would be good to have it as a pairing with various cryptocurrency coins as well.