Latest On Bitcoin Regulations In Nigeria

An order from the Central Bank of Nigeria (CBN) barring financial institutions from servicing cryptocurrency transactions, effectively “banning Bitcoin” in the country, withstands more than 16 months later, despite the Nigerian Security and Exchange Commission (SEC) recently releasing new regulations for digital assets and the continued significant adoption and use of Bitcoin in the country.How Will The Latest Regulation In Nigeria Impact Bitcoin?Last month, the Nigerian SEC released a…
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