Crypto Restrictions in Nigeria | Inside Blockchain
In today's episode, we explore the recent circular issued by the CBN to Financial Institutions mandating them to monitor and freeze bank accounts related to cryptocurrency transactions.
In addition, we briefly explored the meme token of the year, Wakanda Inu ($WKD).
Franklin Peters, Founder/CEO of BoundlessPay joins us on #InsideBlockchain to discuss the impact of the CBN's Restrictions on Cryptocurrency.
#CBN #WakandaInu #Cryptocurrency #WKD #eNaira #Bitcoin #nigerianbanks #digitalcurrency #insideblockchain #nigeria #blockchain #USSD
Timestamps
0:00 Intro
1:00 Brief Insight on the Topic
2:40 Tete-a-Tete with Franklin Peters
3:49 What solutions are you providing at BoundlessPay?
6:28 In view of the recent CBN letter, What do you think is the endgame here?
9:45 What is the 'Idea' behind the CBN Crypto Ban?
14:05 Why would a Government develop a CBDC & still ban cryptocurrency?
16:50 What about the 'bad players' in the Crypto Space?
19:24 Why is the CBN crypto ban focused on the young demography in Nigeria?
24:43 Nigeria gradually becoming a Communist State?
27:35 Will Nigerians accept the eNaira?
29:54 The future for crypto-centric businesses based in Nigeria
33:20 What is this meme token WAKANDA INU?
37:23 Closing
37:47 Outro
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