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Bitcoinist 2024-04-25 04:00:38

Nigerian Crackdown Fake News? CBN Denies Crypto Accounts Freezing Circular

Recent reports informed of an alleged circular released by the Central Bank of Nigeria (CBN). The document warned financial institutions that engaging with cryptocurrencies and facilitating operations for crypto exchanges was prohibited. The news raised alarms as, four months ago, Nigeria lifted the ban that prevented banks and other financial institutions from operating accounts for

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