Cryptocurrency

<div class="coinjournal">
 <ul>
 <li>Nigeria aims to ban naira use on peer-to-peer (P2P) trading platforms.</li>
 <li>News comes after a meeting between the government represented by the Securities and Exchange Commission (SEC) and the blockchain community.</li>
 </ul>
 The latest <a rel="noopener noreferrer nofollow" title="Category Cryptocurrency News" href="https://thebittimes.com/cryptocurrency-news.html">Cryptocurrency News</a> from Africa is that Nigeria has <a rel="noopener noreferrer nofollow" title="plans" href="https://thebittimes.com/tag/plans.html">plans</a> to <a rel="noopener noreferrer nofollow" title="delist" href="https://thebittimes.com/tag/delist.html">delist</a> the local currency <a rel="noopener noreferrer nofollow" title="naira" href="https://thebittimes.com/tag/naira.html">naira</a> from all peer-to-peer (P2P) <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> trading <a rel="noopener noreferrer nofollow" title="platforms" href="https://thebittimes.com/tag/platforms.html">platforms</a> in the country.
 Newspaper publication PUNCH reported early Tuesday that the Federal Government is working via the Securities and Exchange Commission (SEC) to remove naira from all P2P crypto platforms. 
 The move comes amid the government’s efforts against alleged dollar racketeers and exchange rate manipulators.
 <h2 id="span-style-font-weight-400-nigeria-sec-met-crypto-sector-players-span">Nigeria SEC met crypto sector players</h2>
 This latest development in the Nigerian crypto landscape follows a meeting that involved the country’s newly-appointed Director General of the SEC Emomotimi Agama and the blockchain community. Agama revealed the government’s naira plans during this meeting.
 While the government will not allow for any manipulative acts that threaten the markets and Nigeria’s interests, the plan is to work closely with the industry to promote responsible growth and innovation.
 Agama’s remarks to the Blockchain Industry Coordinating Committee of Nigeria (BICCoN) emphasized the government’s readiness to engage and collaborate with the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> space.
 As Coinjournal highlighted recently, the meeting with the SEC came amid BICCoN’s calls for a roundtable between the SEC chief and crypto exchanges. This meeting could be crucial in the overall quest to make Nigeria a cog in the global digital assets arena.
</div>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/nigeria-plans-to-delist-naira-from-all-p2p-crypto-platforms-tbt87634.html">https://thebittimes.com/nigeria-plans-to-delist-naira-from-all-p2p-crypto-platforms-tbt87634.html</a>

Nigeria plans to delist naira from all P2P crypto platforms

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