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Why the CBN banned cryptocurrency bank accounts in Nigeria

By Guardian Exclusive
12 February 2021   |   11:25 am
Cryptocurrencies like Bitcoin and Ether were becoming increasingly popular in Nigeria. Some businesses and individuals are turning to it for cross-border payments and trades, thereby bypassing hurdles of scarce FX. As the prohibition on crypto accounts takes effect, GuardianTV explains what you should know about CBN's cryptocurrency bank account ban

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