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During the 279th MPR meeting held today in Abuja, the CBN Governor, Godwin Emefiele assured Nigerians that digital currencies will have a place in the country.
CBN’s Emefiele said, “We have carried out our investigation and we found out that a substantial percentage of our people are getting involved in cryptocurrency which is not the best. Don’t get me wrong, some may be legitimate but most are illegitimate.”
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Under cryptocurrency and Bitcoin, Nigeria comes 2nd while in the global side of the economy, Nigeria comes 27th. We are still conducting our investigation and we will make our data available.”
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Emefiele voiced his concerns surrounding digital assets using the CEO of Tesla, Elon Musk’s uncertainty as an example.
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“We saw the market collapse. Initially, when Elon Musk tweeted around the time when we said our banking and payment facilities are no longer available for cryptocurrency transactions and he tweeted that he will invest $1.5 billion and the price (Bitcoin) went up. He now tweeted and raised a few concerns and the thing (Cryptocurrency) plunged.”
After stating his concerns, the CBN governor went on to say, “We are committed in the CBN and I can assure everybody that digital currency will come to life even in Nigeria.”
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If like make it live or not we’re still trading
If Nigeria CBN like it or not we Nigeria citizens cannot stop using crypto currency’s
Can u imagine how this clueless man spoke about Lord Elon,when a business man is talking ignorance like this sees negativity in his idea..Can u imagine how this shameless Emefuele explain cryptocurrencies?, failure emefuele you and ur failed cohort can’t give what u don’t have,all of u are bunch of minors brain. Fela already said “Animals can’t dash us our right?
True thank you
?.. Oga go and publish your family and your village member. You can’t kill P2P.
? naso ✊
Lol I swear
Please let’s all embrace Agricoin via Agrichainx blockchain Technology as our own Cryptocurrency since Agriculture was once the main source of earning for Nigeria which we are returning to.
I am sure this guy must have device a means through which they will embezzle money from our crpto transactions (by high tax or charges or any other mean) before this man could come out and say this. I sure will be here watching
You must be very stupid the cbn governor
You guys said we are the leaders of tomorrow but don’t give us work
Now we have found a way of making money for ourselves and you are here talking rubbish on banning crypto
Currency ? if you ban am, if thunder no strike you dead make I die idiot
Stupid man
Business
He has no valid basis for the actions of the CBN!
Sir, you’re not alright, ban everything even yourselves. We do not care. You and your government have failed us, but guess what? Posterity will judge you and you all in government today. Watch out!
May GOD bless you for that promise , pls fulfill it for we are really in need of it sir.
Bringing Bitcoin to Nigeria will be the greatest thing Nigeria will ever do for me .
Welcome development. But the CBN are not proactive
So what about Tbc which was in Nigeria before people are still having it
Talk about coin with good usecase, not scam coins
Foolish thinking you can’t give what you don’t have call us to guide you through Cryptocurrency
I love it
Thank you very good