Nigeria Takes a Leap: From Crypto Crackdown to Cautious Regulation

In what can be described as a seismic shift, the Central Bank of Nigeria (CBN) has reversed its two-year-long ban on cryptocurrency transactions. This policy U-turn, marked by the December 22nd circular titled “Guidelines on Operations of Bank Accounts for Virtual Assets Service Providers (VASPs),” reflects a recognition of the global embrace of cryptocurrencies and […]

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