How to Sell Bitcoin in Nigeria After Ban

Astroafrica05 Apr, 2023Business

Sell Bitcoin in Nigeria After Ban: In February 2021, the Central Bank of Nigeria (CBN) issued a circular to all banks and financial institutions in the country directing them to stop facilitating cryptocurrency transactions. The circular stated that dealing in cryptocurrencies or facilitating payments for cryptocurrency exchanges is prohibited and warned that any financial institution that violated the directive would face severe regulatory sanctions.

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