Market Cap: $3,350,465,516,360
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Cryptocurrencies: 27846
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Cryptocurrencies: 27846
Markets: 116350
Market Cap: $3,350,465,516,360     
24h Vol: $162,289,815,217
Bitcoin.com 2021-02-06 16:05:45

Central Bank of Nigeria Orders Banks to Close Accounts of Crypto Clients as Remittances via Traditional Corridors Drop by 97%

Central Bank of Nigeria Orders Banks to Close Accounts of Crypto Clients as Remittances via Traditional Corridors Drop by 97%
The Central Bank of Nigeria (CBN) has circulated a letter directing banks and financial institutions to identify and close accounts of cryptocurrency transacting entities. The directive, which took immediate effect, threatens “severe regulatory sanctions” to financial institutions that fail to comply. Banks Taking Immediate Action Immediately following the letter’s publication, some banks and other financial […]
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