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Virtual Currencies not Legal Tender in Nigeria Says CBN
The Central Bank of Nigeria (CBN) said further to the circular issued on January12, 2017 and other financial institutions on virtual currency operations in Nigeria, the bank wishes to reiterate that cryptocurrencies such as Bitcoin, Ripples, Monero, Litecoin, Dogecoin, Onecoin, etc and Exchanges such as NairaEx are not licensed or regulated by the CBN. According to a statement signed by …
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