ASPECTS OF ARTIFICIAL

The Action Is In Response

CBN GUIDELINE ON CRYPTOCURRENCY OPERATION

CBN lifts restriction on Crypto Bank accounts, releases

The action is in response to an order from the Central Bank of Nigeria (CBN) demanding all commercial banks freeze accounts belonging to at least two individuals

Commercial Banks In Nigeria Have

Nigeria Slaps Strict Rules on Banks After Lifting Crypto

Commercial banks in Nigeria have started monitoring customer accounts for cryptocurrency trading. This directive from the Central Bank of Nigeria (CBN) came after it

Nigerian banks tracking customer accounts for crypto trading

Result

Nigeria's Crypto Laws & Regulation in 2025

Navigating the Regulatory Headwinds for Crypto Exchanges in

result, bank accounts identified as belonging to cryptocurrency exchanges, custodians or used in facilitating cryptocurrency transactions were closed. From a practical standpoint, the CBN

Banks in Nigeria Begin Tracking Customer Accounts for Trading