Published 10 months ago

Central Bank of Nigeria denies freezing crypto exchanges’ accounts

Summary by Cryptopolitan

Yesterday morning, we all read that the Central Bank of Nigeria (CBN) was front and center issuing a sweeping directive that roped in Deposit Money Banks (DMBs), Non-Bank Financial Institutions (NBFIs), Other Financial Institutions (OFIs), and even the general public. The command was crystal clear. Keep tabs on anyone wheeling and dealing with the likes of Bybit, KuCoin, OKX, and Binance. This was not just another bureaucratic shuffle but a cal…

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Central Bank of Nigeria denies freezing crypto exchanges’ accounts

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