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JUST IN: FG Set to Delist Naira from P2P Platforms
The Federal Government has announced its intention to remove the naira from all peer-to-peer (P2P) exchanges. The decision was disclosed during a virtual conference with blockchain stakeholders by Emomotimi Agama, the Director General of the Securities and Exchange Commission.
The primary objective behind this measure is to curb the manipulation of the local currency’s value within the foreign exchange market. Over recent months, regulatory bodies in the country have intensified their scrutiny of cryptocurrency exchanges.
Details shortly…..
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