Fake Crackdown: CBN Denies Crypto Account Freezing Circular

Recent reports informed of an alleged circular released by the Central Bank of Nigeria (CBN). The document warned financial institutions that engaging with cryptocurrencies and facilitating operations for crypto exchanges was prohibited.

Read more

Crypto Giants In Trouble: Binance And Coinbase Grapple With Access Bans Amid Nigeria’s Crypto Crackdown | Bitcoinist.com

To combat financial crimes associated with the digital asset industry, Nigeria has escalated its regulatory scrutiny of major cryptocurrency exchanges, including Binance and Coinbase.

Read more