Nigerian analysts refute claims crypto played role in Bureau de Change closure
Local reports State that desk Of Change the operators announcement THE close of operations In Abuja due has THE unavailability of WE. dollars.
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THE Nigerian cryptocurrency equals (P2P) walk East not liable For THE close of THE desk Of Change (BDC) In THE country capital, Abuja, according to has Nigerian Web3 legal representative And analyst Kué Barinor Paul.
According to has local media, BDC the operators to have announcement THE close of operations In Abuja due has THE unavailability of United States dollars. THE currency traders would have mentioned THE existence of P2P crypto exchange as A reason For It is misfortunes.
In A interview with Cointelegraph, Paul clarified that THE allegations are unfounded, emphasizing that cryptocurrency pieces A minor role In Nigeria Forex activities. He sharp out that more significant factors, such as price fluctuations And THE country addiction on imports, contribute has Forex shortages.
“Crypto P2P companies In Nigeria are to treat dollar BDC the operators Exactly how E-mail did has THE job office.
For what to use physical $$ When It is cheaper And Easier has to use stable coins as USDT, USDC? Indeed, crypto East disruptive. #CryptoRevolution " #bitcoin
— The cryptopreacher. (@Rumérule) FEBRUARY 3, 2024Paul explain that BDC agreement In physical decree, while crypto transactions are door out online with digital assets as stablecoins; Thus, There is No direct competition between THE BDC And THE crypto space. He said blame THE crypto P2P walk For THE illiquidity issue of BDC dealers I...
Local reports State that desk Of Change the operators announcement THE close of operations In Abuja due has THE unavailability of WE. dollars.
News
Join
We
on
social
networks
THE Nigerian cryptocurrency equals (P2P) walk East not liable For THE close of THE desk Of Change (BDC) In THE country capital, Abuja, according to has Nigerian Web3 legal representative And analyst Kué Barinor Paul.
According to has local media, BDC the operators to have announcement THE close of operations In Abuja due has THE unavailability of United States dollars. THE currency traders would have mentioned THE existence of P2P crypto exchange as A reason For It is misfortunes.
In A interview with Cointelegraph, Paul clarified that THE allegations are unfounded, emphasizing that cryptocurrency pieces A minor role In Nigeria Forex activities. He sharp out that more significant factors, such as price fluctuations And THE country addiction on imports, contribute has Forex shortages.
“Crypto P2P companies In Nigeria are to treat dollar BDC the operators Exactly how E-mail did has THE job office.
For what to use physical $$ When It is cheaper And Easier has to use stable coins as USDT, USDC? Indeed, crypto East disruptive. #CryptoRevolution " #bitcoin
— The cryptopreacher. (@Rumérule) FEBRUARY 3, 2024Paul explain that BDC agreement In physical decree, while crypto transactions are door out online with digital assets as stablecoins; Thus, There is No direct competition between THE BDC And THE crypto space. He said blame THE crypto P2P walk For THE illiquidity issue of BDC dealers I...
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