Topic: Federal Government Plans to Delist Naira p2p on Crypto Exchange. - page 2. (Read 400 times)

The telegram integrated wallets has p2p marketplace I don't know if it's open source or closed but I have a strong believe that's it's going to be the next big thing, the trading volume it's quite low but if the FG succeeded in delisting NGN from crypto exchanges the volume would start increasing...

If wallet starts integrating p2p marketplace on their app will the Nigeria Government able to penetrate?

Actually they are only deceiving those having little knowledge about crypto space and those who knows nothing about crypto space or who may still consider this fraud

This is the truth outside P2P in DEX our local exchanges can not be shut down, people will continue no matter what since this has been the source of living for many

Just like they did earlier this year and I guess our GDP  will still drop more before the year ends and also the naira to dollar may get to possibly 1800naira this year again, all for their favour.

Nigeria has the official rate and parallel market rate. The crypto exchange traders deal with the parallel market rate. But CBN increased the official rate to $1600 few weeks ago. Is it crypto P2P that caused it? They should continue to deceive us.

P2P trading will not stop in Nigeria. Let them continue to deceive themselves. They want Nigerians to remain holding naira which they can control and devalue.

They want people to use the rate that will not favour but which will indirectly be extortion.

It is no longer a new thing now that the fight against Crypto as the reasons for naira devaluation have taken another dimension. It all started with a serious clamp down on binance which forced binance to remove naira p2p from their platform. Binance officials were arrested, detained and charged to court. OKX followed suit by delisting naira p2p from their platform for the fear of the unknown and to avoid their organisation being dragged by the federal government.

Here again yet another one and this is the last straw that broke the camel's back. News has it that the federal government plans on delisting naira p2p trades from all Crypto exchange platforms citing the fact that it is the sole reasons behind the naira devaluation. They claimed that the naira value is being manipulated through Crypto market by unknown forces against the economy of the nation and this makes me wonder how does Crypto currency market affects the Nigeria economy.

This has been the war against Crypto enthusiasts in the country. I was wondering the calibres of persons we call our leaders leading the affairs of our national agencies. I was shocked when a ban was placed on micro finance banks from accepting new registration and they were labelled to be facilitating Crypto transactions which is totally not correct. This kept me pondering if really our beloved nation is moving forward or in a reverse gear.

How did we get ourselves here. Did the federal government just declared war on Crypto by this singular act?


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