According to reports from local media and sources from CryptoSlate, the National Security Adviser (NSA) of Nigeria has classified cryptocurrency trading as a national security threat, indicating an impending crackdown on peer-to-peer (P2P) cryptocurrency transactions. Moniepoint CEO Tosin Eniolorunda stated that the NSA's classification is expected to pave the way for new regulations banning P2P cryptocurrency trading, with an official announcement expected soon.
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Nigeria to ban P2P cryptocurrency trading
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