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The Big Ban Theory
You’ve probably heard of it, but I’ll say it again.
On Friday, the Central Bank of Nigeria sent out a circular to commercial banks reminding them that dealing in cryptocurrencies or facilitating payments for cryptocurrency exchanges is prohibited and ordering them to close any accounts transacting with cryptocurrencies.
What this means: While the CBN has not banned the use of virtual currencies, it has effectively blocked the ability of the exchanges which trade them to collect payments from bank customers. Since crypto is hardly bought with cash from exchanges, this move will affect the operation of companies like BuyCoins, Patricia, Yellow Card among others.
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stops buying and panicking now for no reason. just makes economy worse and doesn t help anything. reporter: killian knows ridiculous. he he sells a beauty boy s trainer, a plastic sushi game and a beauty contraption that lists your nose. he believes the fear of radiation is silly but the impact on his livelihood is not. kyung lah, cnn, tokyo. want to go directly to the white house for the daily briefing to see what kind of news comes out. americans about his long term plan to protect consumers against rising oil prices and decrease oil imports as well as key components of his broader energy plan. on wednesday as you know the president will travel to philadelphia rather, to the philadelphia area to hold a town hall discussion with workers at gamesa technology corporation s wind energy turbine manufacturing facility. this facility employs approximately 300 workers and was built at a former u.s. steel industrial site.
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