Central Bank of Nigeria (CBN) said cryptocurrency trading is prohibited in the country. CBN said transactions in cryptocurrencies are largely speculative, volatile and should be discouraged. The apex bank gave the explanation in a statement on its official website, by Mr Osita Nwanisobi, Acting Director of Communications. The explanation is coming on the heels of widespread reactions to the CBN’s ...
Central Bank of Nigeria (CBN) said cryptocurrency trading is prohibited in the country. CBN said transactions in cryptocurrencies are largely speculative, volatile and should be discouraged. The apex bank gave the explanation in a statement on its official website, by Mr Osita Nwanisobi, Acting Director of Communications. The explanation is coming on the heels of widespread reactions to the CBN’s ...