The Central Bank of Nigeria (CBN) has clarified that it did not instruct local financial institutions to freeze accounts associated with unlicensed crypto exchanges, despite reports claiming otherwise. This statement by the CBN comes in response to allegations regarding such directives.
The CBN’s position on cryptocurrency transactions has undergone changes over time. It’s important to note that the CBN has addressed the reports about freezing accounts linked to unlicensed crypto exchanges.
The CBN’s evolving stance on cryptocurrency transactions is a significant aspect to consider in this situation.
