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How Nigeria and India Are Dealing With Crypto Bans

How Nigeria and India Are Dealing With Crypto Bans

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Two of the globe’s 10 most heavily populated nations have or are thinking about crypto bans: Here’s what it suggests.

This episode is funded by Nexo.io.

On today’s episode, NLW checks out 2 federal governments’ efforts to limit how their residents communicate with crypto. He breaks down:

  • India’s background with crypto bans
  • India’s background with demonetization and monetary control
  • What we understand regarding a brand-new costs that would certainly outlaw crypto and supply a structure for an Indian federal government electronic money
  • Recent activity by the Central Bank of Nigeria to obstruct financial institutions from connecting with crypto
  • Why the CBN activity could be associated with the national politics of the #EndSars motion

See additionally: Bitcoin ‘Can’ t Be Stopped’: Nigerians Look to P2P Exchanges After Crypto Ban

Image credit rating: Jason Alden/Bloomberg using Getty Images

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