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Nigerian fintechs crack down on crypto, users face account blocks

May 3, 2024 by DIGIT

The Nigerian central bank’s attitude to crypto has been inconsistent in recent years, and the crackdown contradicts a decision taken in 2021 to facilitate crypto account opening. Go to Source

Categories account closure, cbn, Central Bank of Nigeria, crypto transactions, Cryptocurrency, Financial Institutions, Fintech, Moniepoint, Nigeria, Paga, Palmpay, Regulatory Compliance, virtual assets


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  • bitcoinBitcoin(BTC)$68,416.00-0.19%
  • ethereumEthereum(ETH)$1,986.280.82%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$1.470.91%
  • binancecoinBNB(BNB)$622.561.57%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$86.421.55%
  • tronTRON(TRX)$0.2843851.71%
  • dogecoinDogecoin(DOGE)$0.099805-2.09%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%
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  • bitcoinBitcoin(BTC)$68,416.00-0.19%
  • ethereumEthereum(ETH)$1,986.280.82%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$1.470.91%
  • binancecoinBNB(BNB)$622.561.57%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$86.421.55%
  • tronTRON(TRX)$0.2843851.71%
  • dogecoinDogecoin(DOGE)$0.099805-2.09%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%