The Gary Gensler of Nigeria is leading the charge to ban peer-to-peer crypto.

 “Recent concerns regarding crypto P2P traders and their perceived impact on the exchange rate of the naira has underscored the need for collective action.”

Crypto capital controls.

Coming to a western liberal democracy near you.

This is something I’ve been monitoring for the past 12 months since the Central Bank took notes out of circulation and our teams who provide cash to refugees wanted to use crypto - It’s messy there and the goal posts keep moving especially as the eNaira is being closed down and then add grey area for stablecoins.