CBN Releases Fresh Guidelines For Cryptocurrency Transactions

Eko Hot Blog reports that the Central Bank of Nigeria (CBN) has released fresh regulatory guidelines for the operation of cryptocurrency transactions by Deposit Money Banks (DMB) and other financial institutions. Recall that the CBN had in February 2021 issued a circular restricting banks and other financial institutions from operating accounts for cryptocurrency service providers … Read more

Cryptocurrency Trader Jailed By EFCC Over N18.4m Fraudulent Transaction

cryptocurrencyTrader jailed

A Cryptocurrency Has Trader Jailed By EFCC Over Fraudulent Transaction EKO HOT BLOG reports that a cryptocurrency trader, Shola Henry, who was slammed with a seven-count charge by the Economic and Financial Crimes Commission (EFCC), has been convicted.   This online media platform understands that the anti-graft agency had filed an amended seven-count charge against … Read more