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Just In: Central Bank of Nigeria (CBN) Revokes Banking Restrictions on Crypto Players

Just In: Central Bank of Nigeria (CBN) Revokes Banking Restrictions on Crypto Players


CoinGape
2023-12-23 00:44:45

The Central Bank of Nigeria (CBN) has relaxed its stringent regulations on virtual asset service providers (VASPs), including crypto exchanges. The apex body has allowed them to operate accounts with banks and other financial institutions in a significant policy shift. Local papers outlined the recent circular that marks a notable change from CBN’s previous ban. The post Just In: Central Bank of Nigeria (CBN) Revokes Banking Restrictions on Crypto Players appeared first on CoinGape .


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