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In general, it is necessary to look at bitcoin laws in specific countries. The central bank of nigeria has provided the reasons why it banned bitcoin and other cryptos in the nation. Bitcoin trading sites in nigeria are legal and protected by state recognition of bitcoin startups Central bank cannot control or regulate. Is btc legal in nigeria / why buying bitcoin in nigeria is not cheap nairametrics :
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Dealing in or trading in cryptocurrency such as bitcoin for example is not illegal under relevant laws. … the concept of bitcoin can threaten the dominance of fiat. There has been a cautious stance taken by the nigerian government regarding bitcoin cryptocurrency. Instead, it is an unregulated aspect of financial assets and tools in nigeria. Rather, it sees bitcoin and other cryptocurrencies with skepticism. Central bank cannot control or regulate. 9 exchanges to buy crypto bitcoin in nigeria 2021 from www.buybitcoinworldwide.com the legal marriage age. Bitcoin regulations in nigeria is bitcoin legal in nigeria? Btc in nigeria explained bitcoin is legal in nigeria. In january 2017, the central bank of nigeria announced that bank transactions in virtual currencies were banned in nigeria, however, the bank has since clarified it's stance on bitcoin, stating : Bitcoin trading sites in nigeria are legal and protected by state recognition of bitcoin startups Honestly, this is commendable that the apex bank has seen the reason to publish this long thesis. These wallets have been tested and trusted.
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