BREAKDOWN: How Nigeria and India Are Dealing With Crypto Bans

BREAKDOWN: How Nigeria and India Are Dealing With Crypto Bans

By CoinDesk

Two of the world’s ten most populous countries have or are considering crypto bans: Here’s what it means.

This episode is sponsored by Nexo.io.

On today’s episode, NLW examines two governments' attempts to restrict how their citizens interact with crypto. He breaks down:

India’s history with crypto bansIndia’s history with demonetization and financial controlWhat we know about a new bill that would ban crypto and provide a framework for an Indian government digital currencyRecent action by the Central Bank of Nigeria to block banks from interacting with cryptoWhy the CBN action might be related to the politics of the #EndSars movement

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Image credit: Jason Alden/Bloomberg via Getty Images

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