CBN Bans Over 33m Nigerians From Trading Cryptocurrency

About 33.4 million Nigerians trade or own crypto assets in spite of the Central Bank of Nigeria’s (CBN) ban. Last year (2021), the CBN affirmed a 2017 directive to financial institutions to block accounts that trade or transact in crypto. According to the apex bank, crypto had become a conduit pipe for money laundering, and … Continue reading CBN Bans Over 33m Nigerians From Trading Cryptocurrency