|
Title: [2015-12-25] Central Bank Embargo Ushers In Sudden Bitcoin Awareness In Nigeria Post by: a7mos on December 25, 2015, 11:26:49 AM Central Bank Embargo Ushers In Sudden Bitcoin Awareness In Nigeria
The Central Bank of Nigeria has banned the use of Naira denominated ATM cards abroad. Could this mean an explosion for the Bitcoin market in the country? In a circular passed to all commercial banks within the country on Monday December 21 2015, the CBN ordered commercial banks to stop customers from using their debit and credit cards outside the country, a directive which takes effect from January 1 2016 in a move which the CBN Governor says will stem the flow of foreign currency out of the country. http://cointelegraph.com/news/115953/central-bank-embargo-ushers-in-sudden-bitcoin-awareness-in-nigeria |