Here’s what Nigeria’s naira float means for its crypto market

by Aurelia Butler 15 June 2023, 10:40 139 Views

Foreign currency traders can now exchange at rates set by the market instead of those set by the Central Bank of Nigeria (CBN). This move follows the president’s decision to implement a 10% crypto tax on capital gains and could be a game-changer for Nigeria’s crypto industry, positively or negatively.

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Source: Cryptocurrency - investing.com

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Here’s what Nigeria’s naira float means for its crypto market

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