Cryptocurrency Q&A Did the Central Bank of Nigeria lift a ban on Bitcoin?

Did the Central Bank of Nigeria lift a ban on Bitcoin?

Ilaria Ilaria Wed Nov 20 2024 | 5 answers 886
I heard some news about the Central Bank of Nigeria and Bitcoin recently. I'm wondering if the bank has lifted the ban on Bitcoin or if there's any update on their policy regarding cryptocurrencies. Did the Central Bank of Nigeria lift a ban on Bitcoin?

5 answers

CryptoMercenary CryptoMercenary Fri Nov 22 2024
The bank issued a circular addressing all banks and financial institutions within the country.

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SumoMight SumoMight Fri Nov 22 2024
The contents of the circular revealed a lifting of the previous ban on bitcoin.

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DigitalDynasty DigitalDynasty Fri Nov 22 2024
This decision signifies a shift in the regulatory stance towards cryptocurrencies in Nigeria.

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Alessandra Alessandra Fri Nov 22 2024
BTCC, a top cryptocurrency exchange, offers a range of services to its users. These include spot trading, futures trading, and a secure wallet for storing digital assets. With these services, BTCC has established itself as a prominent player in the crypto market.

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Caterina Caterina Fri Nov 22 2024
On December 22, the Central Bank of Nigeria made a significant announcement.

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