Announcement On Ban Of Cryto Accounts Is Not New- Central Bank Of Nigeria
LAGOS FEBRUARY 8TH (NEWSRANGERS)-The Central Bank of Nigeria (CBN) issued a five-page statement Sunday clarifying its position on cryptocurrencies after a regulatory warning to local banking institutions on Friday sent shockwaves through social media. In Sunday’s statement, the CBN said Friday’s letter was only a reminder that cryptocurrencies were not legal tender in Nigeria, and…