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coinpedia 2024-02-22 09:46:55

Nigerian authorities ban access to Crypto exchanges Binance and the like amid Naira’s free fall

The post Nigerian authorities ban access to Crypto exchanges Binance and the like amid Naira’s free fall appeared first on Coinpedia Fintech News In a compelling move to stabilize Nigeria’s currency, Naira authorities have imposed a ban on accessing cryptocurrency exchanges. The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) jointly directed telecommunication companies to block access to crypto companies, their websites and applications. This move is aiming to curb perceived manipulation of the foreign …

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