Nigeria’s central bank forced to deny claims of crypto account freeze

by Aurelia Butler 24 April 2024, 20:20 93 Views

The Central Bank of Nigeria (CBN) has been forced to deny a report saying it issued a directive requiring all banks and financial institutions to identify individuals or entities engaging in transactions with cryptocurrency exchanges and to ensure that such accounts are put on Post No Debit (PND) instruction for six months.

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Source: Cryptocurrency - investing.com

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Nigeria’s central bank forced to deny claims of crypto account freeze

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