[Punch] Breaking News: CBN Nigeria lifts ban on Cryptocurrency transactions

(561 reads) See also ► CBN Lifts Ban on Cryptocurrency transactions in Nigeria   ► Breaking: FG Outlaws Black Market FOREX Transactions  

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According to news report by Punch News, CBN Nigeria has lifted ban on Cryptocurrency transactions. See details below.
BREAKING NEWS: CBN Nigeria lifts ban on cryptocurrency transactions.
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The Central Bank of Nigeria has changed its stance on crypto assets in the country and asked banks to disregard its earlier ban on crypto transactions.

This is according to a circular dated December 22, 2023, with reference number FPR/DIR/PUB/CIR/002/003, and signed by the apex bank’s Director, Financial Policy and Regulation Department, Haruna Mustafa.

The circular is titled ‘Circular to all Banks and other Financial Institutions Guidelines on Operations of Bank Account
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