Cryptocurrencies ban Archives

Cryptocurrency Ban: Done In Economic Interest —Emefiele

February 23, 2021 0

The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele says the Bank’s decision to prohibit deposit money banks, non-banking institutions and Other Financial Institutions from facilitating trading and dealings in cryptocurrency is in the best interest of Nigerian depositors and the country’s financial system.

CBN Bans Cryptocurrencies, Orders Closure Of Accounts Involved

February 5, 2021 0

The Central Bank of Nigeria has ordered banks and other financial institutions to freeze customer accounts used in trading cryptocurrencies and other related transactions.