Press release issued by Blockchain Industry Coordinating Committee of Nigeria (BICCoN), 13 February 2021

On Friday 5 February 2021, the crypto industry in Nigeria, local and international media, and members of the general public got wind of a circular by the Central Bank of Nigeria (CBN). The CBN circular is directed to all deposit money banks (DMBs), non-bank financial institutions (NBFIs), and other financial institutions (OFIs) in Nigeria. In …

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