Connect with us

Crypto ban: Check List of countries That have banned Crypto

Piroll

Published

2 years ago

on

Follow
NAIJA NEWS: Crypto ban: Check List of countries That have banned Crypto [New Naija News] » Naijacrawl
Photo: Naijacrawl

Yesterday was a dramatic day for crypto traders and investors ahs the apex bank in the country bank any depositing and withdrawing of crypto by naira via various, what this means is that one cannot be able to deposit or withdraw crypto directly to his bank account or from his bank account.

Read Also : Why we ban Crypto and bank deposit - CBN Gives Reasons


However, the ban does not means that trader cannot withdraw their coins but they can do so via peer to peer or any other means.

It is instructive to note that the cryptocurrencies blockchain will be difficult to be blocked by any government because of the way it is technologically structure, the like of China have tried that before but yet it keep thriving in the technologically developed country like China.

It is to be noted that, crypto is not a lender tender in many if not all the countries in the world, but many countries allows it usage but not officially banning it.

Below is the list of countries that have officially ban crypto.

ALGERIA 2018

BOLIVIA 2014

ECUADOR 2014

BANGLADESH. 2012

NEPAL 2019

MACEDONIA. 2016

Kyrgyzstan

NIGERIA 2021

Countries that discourage its usage

India

Thailand

Denmark

Click Here To Comment




Piroll
 

Piroll is a creative writer, social-political commentator, socio-researcher, and sports analyst. He holds certificates in media management and data journalism from the Thomas Foundation Institute of Journalism. He works as a... Read More

Continue Reading
Click to comment

Be first to comment


Leave a Reply

Your email address will not be published. Required fields are marked *

Naija News

Tricycles (Keke) Banned in Abuja

Adah

Published

3 years ago

on

NEWS: Tricycles (Keke) Banned in Abuja [New Naija News] » Naijacrawl
Photo: Naijacrawl
In Abuja, in what is perceived as an unwelcome turn of events, The Federal Capital Territory Administration begins mass arrest of keke drivers who fail to comply with the restriction order and ban from the city.The National President of Tricycle Owners Association, Austin Apeh, and Chairman, Welfare Enforce Enforcement in FCT, Thomas Danjuma, organized a protest, bemoaning the injustice, threatening to seek redress at the National Industrial Court of Nigeria to figh...
Continue Reading

Naija News

Check The Full List of the 25 APC Presidential Aspirants

Piroll

Published

1 year ago

on

NAIJA NEWS: Check The Full List of the 25 APC Presidential Aspirants [New Naija News] » Naijacrawl
Photo: Naijacrawl
After the deadline of the submission and collection of the 100 million naira form, below is the list of the presidential aspirants of the ruling All Progressive Congress that submitted their nomination forms1. Senator Bola Tinubu 2.Vice President Yemi Osibanjo 3.former Minister of Transportation, Rotimi Amaechi,4 former Minister of Niger Delta Development, Sen. Godswill Akpabio, 5.former Minister of Science, Technology and Innovation, Dr Ogbonnaya Onu, 6. Former Imo...
Continue Reading

Naija News

Check the full list of criminals pardon by Buhari

Piroll

Published

1 year ago

on

NAIJA NEWS: Check the full list of criminals pardon by Buhari [New Naija News] » Naijacrawl
Photo: Naijacrawl
Following the criticism that follows the decision of President Buhari to pardon Joshua Dariye and some convicted criminals with his power of presidential pardon. Naijacrawl has obtained the full list of all the pardoned convicts.Here is the full list:
Continue Reading

Latest

NAIJA NEWS: Tinubu sacks Emefiele [New Naija News] » Naijacrawl
6 hours ago 14

Tinubu sacks Emefiele
NAIJA NEWS: Kano police arrest 57 for looting [New Naija News] » Naijacrawl
10 hours ago 4

Kano police arrest 57 for looting
NAIJA NEWS: Peter Obi knows Tinubu is his democratically elected President – Bashir Ahmad [New Naija News] » Naijacrawl
10 hours ago 4

Peter Obi knows Tinubu is his democratically elected President – Bashir Ahmad

  • NC NEWSLETTER

    Download Naijacrawl App today

    Fastest way to read on the go

    Download the Naijacrawl App.