Breaking: Why We Banned Cryptocurrency In Nigeria – CBN

CBN

The Central Bank of Nigeria (CBN) has reacted to condemnations trailing the directive to Deposit Money Banks (DMBs) to desist from transacting in cryptocurrencies. In a statement on Sunday, Acting Director, Corporate Communications, Osita Nwanisobi, clarified that the CBN circular of February 5, 2021, did not place any new restrictions on cryptocurrencies. He recalled that … Read more