Cryptocurrency Has Made Naira Useless: Nigeria Senator

Nigeria Senate. The Senate of Nigeria didn’t properly remove the Central Bank’s attempt to ban cryptocurrency. The ordered all banks in the country to dissolve every accounts of individual who associated with anything cryptocurrencies.

Reacting to the news during the Thursday plenary session, Senator Sani Musa of the Niger East Senatorial.

Today in the Senate of Nigeria, "Bitcoin has made our currency almost useless or valueless."pic.twitter.com/Z75HHTKb0B

— Documenting ₿itcoin 📄 (@DocumentingBTC) February 11, 2021

https://twitter.com/godblesscrypto/status/1359888457925988355?s=19

“Cryptocurrency has become a worldwide transaction of which you cannot even identify who owns what. The technology is so strong that I don’t see the kind of regulation that we can do. Bitcoin has made our currency almost useless or valueless." – Senator Sani Musa

— The Nigerian Senate (@NGRSenate) February 11, 2021