Crypto Gloom

Blockchain advocacy group claims Nigerian government’s move could push cryptocurrency activity underground

Nigeria’s blockchain lobby group said the government’s decision to block access to cryptocurrency exchanges such as Binance, Kraken and Coinbase “brings much-needed trust and confidence in Nigeria’s financial system.” “It won’t help you build it,” he said. The advocacy group also said the Nigerian Communications Commission’s guidelines for telecommunications companies “may not be consistent with the norms of (…)”.