What does Blockchain.com expansion mean for Nigeria

[casey15]

Hello Bitcoin talkers
     A lot of us might have heard of the news that Blockchain.com is expanding its operations to Africa and will have a physical office here in Nigeria...I see this as a huge gain for us because for a long while, the Nigerian government have been uncertain about crypto regulations in Nigeria... It's either they are banning or release a ban... Or maybe they are imposing Hight tax and the company had to close down their services to Nigerians. But with this news, I think it's safe to say that the regulation is quite favorable now which  would have also promoted the decision of blockchain.com.
   A thread was made recently about how we don't have a direct P2P platform to convert Bitcoin directly to niara.. ( though I think the Jeroid app Does that) and with Blockchain.com in the picture, we might just be seeing more of this feature.
   However, do we think this is a win for us Nigerians, will it have any significant effect on the crypto community most especially when it comes to P2P?

[Sticky Bomb]

I think it's safe to say that the regulation is quite favorable now which  would have also promoted the decision of blockchain.com.

Favorable?? Where?? When the federal government has not made any official statement reflecting that and the CBN Have not reacted positively towards it. Please share the link to your claims.

  A thread was made recently about how we don't have a direct P2P platform to convert Bitcoin directly to niara..

We've Bitget and Bybit, even Bitmart that we use for P2P and we're fine with it. For direct withdrawal, we've yellow card for it. Please point me to the thread, it's misinformation going on there, maybe we can straighten things up

  However, do we think this is a win for us Nigerians, will it have any significant effect on the crypto community most especially when it comes to P2P?

Until a proper announcement is made by the FG and the CBN lifts the ban on traditional banks to transact directly with cryptocurrency, there is no win anywhere.

[Btcdeybodi]

   A thread was made recently about how we don't have a direct P2P platform to convert Bitcoin directly to niara..

Is there any need for direct bitcoin to naira p2p platform? exchanges already offer USDT to naira p2p platforms and it doesn't attract much charges to convert. Left for me alone i cannot trust any service that is made available to facilitate p2p transactions in Nigeria. I once used an app that converts bitcoins directly to naira but what made me discard the app was their exchange rate was very poor and i was also trying to avoid being scammed because some of these apps or sites that offers direct p2p service from bitcoin to naira are scams, they might be wanting to earn your trust before they strike.