How Nigeria and India Are Dealing With Crypto Bans


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

See also: Bitcoin ‘Can’t Be Stopped’: Nigerians Look to P2P Exchanges After Crypto Ban

Image credit: Jason Alden/Bloomberg via Getty Images



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