The Nigerian government's handling of cryptocurrency is generating confusion and discontent among investors. The Senate Committee on Capital Markets in Nigeria has advocated for cryptocurrency regulation to safeguard investors and bolster the domestic economy.
Read MoreNigeria is working to improve Know Your Customer (KYC) compliance in both traditional and cryptocurrency investment.
Read MoreClaims that the Central Bank of Nigeria (CBN) gave local banks orders to freeze customer accounts connected to unlicensed cryptocurrency exchanges have been denied.
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