How Nigeria and India Are Dealing With Crypto Bans

Two of the world’s ten most populous countries have or are considering crypto bans: Here’s what it means.

Listen or watch all the new CoinDesk podcast episodes wherever you want.

ABOUT

Two of the world’s ten most populous countries have or are considering crypto bans: Here’s what it means.

This episode is sponsored by Nexo.io.

Download this episode

On today’s episode, NLW examines two governments' attempts to restrict how their citizens interact with crypto. He breaks down:

India’s history with crypto bans
India’s history with demonetization and financial control
What we know about a new bill that would ban crypto and provide a framework for an Indian government digital currency
Recent action by the Central Bank of Nigeria to block banks from interacting with crypto
Why the CBN action might be related to the politics of the #EndSars movement

Image credit: Jason Alden/Bloomberg via Getty Images

HOST

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.