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0 sats \ 0 replies \ @KenyaCoin OP 3 May \ on: Nigerian Gov Passes Law Recognizing Bitcoin As A Security bitcoin
The absence of almost any regulation previously cause many exchanges to stay completely out of Nigeria, and many of those that took the risks have suffered due to selective enforcement of money laundering regulations (e.g. Binance).
At least now there's a path to follow:
Heritage put it best when asked about the outlook for Nigerian Bitcoin builders, “these are necessary growing pains if we're truly committed to transforming how Africans send and receive value globally.”
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