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The apex bank added that any breach of the directive will attract severe regulatory sanctions. However, the development has been criticised by many Nigerians, some of whom took to social media to express their displeasure. For instance, Senator Ben Murray Bruce criticised the apex bank’s decision, saying, “I thought it’s universal knowledge that decisions or policy regarding finance or economy should never be hasty?” Also, human rights activist, Segun Awosanya, popularly called Segalink, described the CBN’s action as foolhardy, saying, “This is yet another developing horror story in our dying society. The govt via @cenbank is now shutting down cryptocurrency in a desperate move to block any ray of hope for the huge youth demographic they have largely failed. This won’t end well. This is ill-advised.” ....