Two major Nigerian financial institutions, guarantee trust bank (GTB) and access bank have closed the account of customers over alleged involvement in digital currency trading. The move by the top-tier lenders is sequel to the banning of trade that involves Bitcoin and other digital currency in Nigeria by the central bank. According to screenshots shared … Read more
The Central Bank of Nigeria on Friday, ordered all banks to close accounts of anyone who transacts in cryptocurrency According to the CBN, dealing in cryptocurrency or facilitating payments for cryptocurrency exchanges is prohibited Former presidential candidate, Kingsley Moghalu, has said that $500 million worth of Bitcoin has been traded in Nigeria within the last … Read more
The Central Bank of Nigeria has directed banks and other financial institutions to close customer accounts used in trading cryptocurrencies and other related transactions. The directive is contained in a circular issued by the apex bank on Friday. The Nigerian bank regulator ordered deposit money banks, non-bank financial institutions and other financial institutions to “identify … Read more
The virtual cryptocurrency hit $30,823.30 today, just a couple of weeks after rising above $20,000 for the first time. In the past year, Bitcoin has almost quadrupled in value thanks to interest from large investors looking for brisk and swift profits. READ ALSO: Facebook Director Of Management Leaves Company Some reviewers think it could rise … Read more