Nigeria Lifting Ban on Bank Accounts for Crypto Firms Could Lead to Usage 'Surge'

Nigeria Lifting Ban on Bank Accounts for Crypto Firms Could Lead to Usage 'Surge'

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The Central Bank of Nigeria reversed its prohibition on local banks and financial institutions serving crypto firms in a move that is likely to spur the use of cryptocurrencies in one of the world's fastest adopters of digital assets. The decision, announced last week, rescinds a 2021 directive…

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