Nigeria ends years-long limitations on crypto deals
Nigeria ends years-long limitations on crypto deals Assad Jafri · 2 days ago · 2 minutes checked out Under the brand-new standards, banks are now permitted to open accounts for services dealing in virtual/digital possessions. 2 minutes checked outUpgraded: December 23, 2023 at 6:04 pm Cover art/illustration through CryptoSlate. Image consists of combined material which might consist of AI-generated material.The Central Bank of Nigeria (CBN) has actually raised the restriction on cryptocurrency deals in the nation in a substantial turnaround of its previous position.The modification was revealed through a circular on Dec. 22. It enables Nigerian banks and other banks to resume operations with cryptocurrency company.The preliminary restriction, enforced in February 2021, was mainly...