CBN Fines Four Banks Over N800m For Violating Crypto Policy

The Central Bank has fined four banks for flouting its directive on cryptocurrency transactions. The CBN had in February 2021 ordered all banks to close accounts of anyone who transacts in cryptocurrency. According to the CBN, dealing in cryptocurrency or facilitating payments for cryptocurrency exchanges is prohibited. It was gathered on Wednesday, that the CBN … Continue reading CBN Fines Four Banks Over N800m For Violating Crypto Policy