Central Bank of Nigeria Joins Sceptical Central Bankers against Cryptocurrency

Feb 15, 2021 · 9m 19s
Central Bank of Nigeria Joins Sceptical Central Bankers against Cryptocurrency
Description

The Central bank of Nigeria has decided to go hawkish in the controversial global disagreement between some central bankers and market participants over what status to confer on digital currency...

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The Central bank of Nigeria has decided to go hawkish in the controversial global disagreement between some central bankers and market participants over what status to confer on digital currency trading and exchanges.
On Friday, it joined forces with a swathe of these central bankers who have remained
largely sceptical about the invisible money that has swept through the world, except
perhaps in Russia and North Korea, where a dictatorship holds sway, in the often unspoken war against what some major global financial institutions and burgeoning online marketplace and e-commerce platforms have already embraced in their daily trades
and transactions – crypto currency.
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Author Africa Business Radio
Organization Africa Business Radio
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