Why Nigeria’s central bank joined Africa’s slow march towards crypto regulation | Semafor
January 23, 20242 min read402 words
Published: January 23, 2024  |  2 min read402 words
The CBN’s new rules reflect public opinion and crypto industry demand for clarity and consumer protection. The shift also seems to mark the regulator’s acceptance that a prohibitive approach towards crypto was costly both in terms of financial benefit for banks and effective regu...
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Jan 25
The article provides a comprehensive overview of Nigeria's shift towards regulating cryptocurrency, exploring the reasons behind the Central Bank of Nigeria's decision to lift its previous ban.
Jan 25
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