![]() ![]() It's legal to start any type of business related to the cryptocurrency industry. Bitcoin is neither legal or illegal in nigeria. Bitcoin in nigeria is 100% legal well to answer this question, no, bitcoin is not illegal in nigeria and although bitcoin is not regarded as a legal tender by the central bank of nigeria (i.e. Nigeria crypto exchanges in light of the ban. Nigerians can also legally use their bitcoin to make purchases locally via the patricia naira debit card. ![]() The legal status of bitcoin (and related crypto instruments) varies substantially from state to state and is still undefined or changing in many of them. Whereas the majority of countries do not make the usage of bitcoin itself illegal, its status as money (or a commodity) varies, with differing regulatory implications. Is Bitcoin Legal Or Illegal In Nigeria / Q3 2019 Cryptocurrency Anti Money Laundering Report Ciphertrace : Bitcoin is legal in nigeria.
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