Nigerian Central Bank Reaffirms Longstanding Crypto Account Ban Amid Recent Backlash
After Friday’s regulatory alert sent ripples through social media, the Central Bank of Nigeria (CBN) released a detailed five-page clarification on Sunday, emphasizing its established stance on cryptocurrencies. Reiterating a Familiar Position, Not Introducing New Curbs Rather than unveiling fresh constraints, the CBN’s recent letter to financial institutions was primarily a reminder that digital currencies…