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CBN Orders Banks To Close All Accounts Transacting In Cryptocurrency
The order was contained in a letter signed on Friday by the Director of Banking Supervision, Bello Hassan.
The Central Bank of Nigeria has ordered all banks to close accounts of anyone who transacts in cryptocurrency.
The order was contained in a letter signed on Friday by the Director of Banking Supervision, Bello Hassan.
According to the CBN, dealing in cryptocurrency or facilitating payments for cryptocurrency exchanges is prohibited.
Details later…
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