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CBN orders banks to close accounts of crypto exchanges
By on February 5th, 2021. News

The Central Bank of Nigeria has said its 2017 prohibition on cryptocurrency activities exchanges remain unchanged. In a letter addressed to deposit money banks, non-bank financial institutions; other financial institutions, and of the public, the apex bank said dealing in cryptocurrencies and facilitating payments for cryptocurrency exchanges is prohibited. “Accordingly, all DMBs, NBFIs,…

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