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Nigeria: CBN Governor alleges ‘high-level illegality’ in crypto-firms
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ambcrypto.comMany countries have been changing their perspective with regards to cryptocurrencies, of late. In that context, India, recently, softened its approach to digital assets. However, Nigeria, having the highest grassroots crypto adoption has raised the fences.
Well, the Central Bank of Nigeria clearly stated that the country was not endorsing cryptocurrencies. In fact, the Governor, Godwin Emefiele called the industry and its operators “embedded in illegality.”
Shortly after the launch of e-Naira, the
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