CoinGape
2024-01-03 17:41:37

CBN Modifies Crypto Policy: Restricts Cash Withdrawals, Imposes Tight Transaction Rules

Nigeria’s central bank, CBN, has put out new rules for cryptocurrency transactions, days after removing the ban on virtual asset transactions. CBN brings crypto providers within a banking framework Last week, the Central Bank of Nigeria relaxed its regulations, permitting virtual asset service providers, including cryptocurrency exchanges, to operate bank accounts, marking a major shift The post CBN Modifies Crypto Policy: Restricts Cash Withdrawals, Imposes Tight Transaction Rules appeared first on CoinGape .

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