We Can’t Risk People’s Savings – CBN Governor Rejects Cryptocurrency, Bitcoin Trading For Nigerians

We Can't Risk People's Savings - CBN Governor Rejects Cryptocurrency, Bitcoin Trading For Nigerians

The governor of the Central Bank of Nigeria has highlighted the dangers in bitcoin trading, telling Nigerians that investing in virtual currencies will not be supported by CBN.

While speaking during an interview in Abuja, governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said that investing in virtual currencies such as bitcoin is a “risk that cannot be supported” by the apex bank.
According to TheCable, Emefiele highlighted the “dangers” in bitcoin trading, saying he had commissioned the bank to carry out research into the market to understand underlying issues.
“Cryptocurrency or bitcoin is like a gamble, and there is a need for everybody to be very careful,” he said.
“We cannot as a central bank give support to situations where people risk savings to gamble.
 
“I have asked my colleagues in the research and monetary-policy department to study the market and get to know what the issues are.
 
“The central bank may in future make some very concrete pronouncements as to the direction.
Earlier in January, the central bank had released a statement, advising Nigerians to desist from the use of such currencies.

You Might Also Like  Governor Weeps In Public After This Happened During APC Election (Photos)

Check Also

The Razz Guy – Nollywood Movie | Download

Mp4 Download The Razz Guy – Nollywood Movie 720p 480p , The Razz Guy – …

Emaxee — Yanga (remix) Ft. Oladips

Emaxee — Yanga (remix) Ft. Oladips

Download Emaxee Yanga (remix) Ft. Oladips Emaxee comes back with the remix to his  dope …

Abbey Bash – Jenboje ft Konga

Abbey Bash – Jenboje ft Konga + Eledumare [Mp3]

New Music By Abbey Bash – Jenboje ft Konga Mp3 Download.  Abbey Bash – Jenboje: …

Etta Marcus – Nosebleed

Etta Marcus – Nosebleed | MP3 DOWNLOAD

Etta Marcus Nosebleed Mp3 Download. Etta Marcus Went hard on this fresh dope new spanking …

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: