Breaking: Crypto Transaction Resurfaces As CBN Lifts Restriction

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The popular online financial banking has resurfaced after few months of restrictions on the transaction portal by the CentralBank of Nigeria CBN.

Few hours ago, CBN lifted restrictions on Nigerian Banks from facilitating Crypto transactions.

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What it implies is that in the coming weeks, clients and customers can be able to buy Crypto with bank cards as gathered by 9News Nigeria.

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The attached memo by CBN is a testament of complete resurfacing of Cryptocurrency transaction in Nigeria.

The circular was signed by Director Financial Policy and Regulation Department, Haruna Mustafa and made available to Newsmen.

The guidelines is strictly on operations of bank accounts for virtual assets service providers VASPs .

-Princely Onyenwe reporting

For inquiries on this news contact 9News Nigeria @08036856526

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About Princely Onyenwe 2448 Articles
Princely Onyenwe A seasoned Investigative Journalist, Civil Rights Activist, and Political Analyst, Currently Editor and News reporter with 9News Nigeria www.9newsng.com www.facebook.com/9newsng