CBN sanctions banks for shielding crypto transactions in Nigeria
The Central Bank of Nigeria (CBN) has fined some commercial banks for failing to comply with regulations that bar customers from transacting in cryptocurrencies.
crypto ban
What CBN’s digital currency could mean—transparency vs surveillance
While there isn’t yet information on how the CBN’s digital currency will work, it is not a new phenomenon. Central Bank Digital Currencies (CBDC) are a growing trend worldwide.
BD Insider, Letter 68 on Moyalo, Crypto update and a Valentine gift from us
Update on the CBN crypto ban, the SEC's new PR, banks closing accounts, NGNT, and Moyalo
Nigeria's SEC issues press release; backs CBN restrictions on crypto trade
The SEC's press release, which can be seen on its website, attempts to answer questions of conflict between the SEC's stance and that of the CBN on cryptocurrency.