CBN Bans cryptocurreny transactions in Nigeria

Just in, the Central Bank of Nigeria has directed all banks and other financial institutions to ban all cryptocurrency transactions. This was disclosed in a letter from CBN to all financial institutions today the 5th of February. The circulated letter is currently trending on social media and generating series of reactions from cryptocurrency users in Nigeria.

Related posts:

NBC Bans ‘This is Nigeria’; Falz, Other Celebrities React China bans hip-hop culture and tattoos from TV, says it’s “tasteless and obscene” NBC bans Olamide’s latest hit single, ‘Science Students’ FIFA, UEFA Bans Russia From Football Participations