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Nigeria’s crypto industry expected to get a boost with CBN’s policy reversal

Nigeria’s crypto industry expected to get a boost with CBN’s policy reversal


Cryptopolitan
2023-12-29 03:56:35

The Central Bank of Nigeria (CBN) reversed its 2021 directive, lifting the ban on local banks and financial institutions serving cryptocurrency firms. According to experts, this move is poised to positively impact Nigeria’s crypto landscape, fostering a more regulated environment and encouraging collaboration between traditional financial institutions and digital asset providers. CBN’s reversal: A catalyst


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