Nigeria’s decision to ban peer-to-peer cryptocurrency trading using the naira is the latest move by the West African country to rein in an industry that has been accused of undermining the local currency, ChainCatcher reported. New regulations will be introduced in the “coming days” covering cryptocurrency trading platforms, digital asset custodians and other areas of the industry, Nigeria Securities and Exchange Commission Chairman Emomotimi Agama said at a meeting with fintech professionals on Monday. “Recent concerns about peer-to-peer cryptocurrency traders and their impact on the naira exchange rate underscore the need for collective action,” Emomotimi Agama said in a statement released by the Abuja-based exchange late Monday.