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Cryptocurrency Cointelegraph

Crypto enthusiasts warn against naira trade ban on exchanges

Due to the rapid decline of the naira and the resulting almost three-decade-high inflation rate of 29.9%, the Nigerian government has turned its focus to platforms providing cryptocurrency services.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Crypto enthusiasts warn against naira trade ban on exchanges

Due to the rapid decline of the naira and the resulting almost three-decade-high inflation rate of 29.9%, the Nigerian government has turned its focus to platforms providing cryptocurrency services.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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