Archives Tag: Ripple
How The CBN’s Ban On Cryptocurrency Bank Accounts Will Affect You
April 19, 2022
On Friday, February 5, the CBN issued a circular directing all banks and non-bank financial institutions to shut down accounts belonging to people or platforms engaged in trading cryptocurrencies. The statement mandates these institutions to close these accounts immediately. It also warns that banks and other financial service providers could face stiff penalties if … Continue reading How The CBN’s Ban On Cryptocurrency Bank Accounts Will Affect You
