Nigerian Central Bank Lifts Ban Restricting Banks From Servicing Crypto Clients

Nigerian Central Bank Lifts Ban Restricting Banks From Servicing Crypto Clients

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The Central Bank of Nigeria (CBN) has lifted a ban preventing banks from operating accounts for cryptocurrency service providers in the country. According to a December 22 circular sent to banks, the affected financial institutions can now open accounts for Virtual Assets Service Providers (VASPs)…

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