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Cryptocurrency is money created out of thin air – CBN governor speaks on ban (Watch Full Video of briefing)

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CBN Governor banned crypto transactions with Nigerian banks because he believes its money created out of thin air and is used to describe the activities of players in an electronic dark world.

He revealed this during briefing on why the CBN enforced the ban.

Watch video of briefing below

Recall that Edujandon.com reported that the CBN recently ordered all Nigerian banks to block all account trading cryptocurrency. Which since then all have complied.

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