
Nigeria’s Crypto Crackdown: P2P Ban on the Horizon
Naira Under Attack? Nigeria’s government is concerned that cryptocurrencies are being used to manipulate the value of the Naira. The Securities and Exchange Commission (SEC) is proposing a ban on Peer-to-Peer (P2P) platforms that allow Nigerians to buy and sell crypto with local currency. P2P Battleground P2P platforms offer a convenient and often cheaper way…