![STEEM POSTS](https://steemitimages.com/640x0/https://images.cointelegraph.com/images/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDIvMzllN2JhNWYtMWRlOC00YzZkLTk4NTMtM2IyM2MzZDE2MmYxLmpwZw==.jpg)
In September last year, Nigeria's Securities and Exchange Commission announced that it would regulate virtual currency trading to protect investors and guarantee that transactions are transparent.
In December 2020, the CBN ordered processors to suspend all local currency transfers in relation to foreign remittances through International Money Transfer Operators (IMTOs).
The country became the second leading bitcoin peer-to-peer
![](https://steemitimages.com/640x0/https://dlike.io/images/dlike-logo.jpg)
Copying/Pasting full or partial texts with adding very little original content are frowned upon by the community. Repeated copy/paste posts could be considered spam. Spam is discouraged by the community and may result in the account being Blacklisted.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit