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THE LEGALITY OF TRADING IN CRYPTOCURRENCY IN NIGERIA

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It was reported that Nigeria is the second largest bitcoin market after the United States. However, trading in cryptocurrency has not been officially deemed as illegal and that the realm remains highly unregulated.
In our article titled “The Legality Of Trading In Cryptocurrency In Nigeria” we highlighted the legal standing of cryptocurrency in Nigeria and the approach of regulatory agencies on the use of cryptocurrency. We also covered the newly launched eNaira.

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