SUPPORTING MULTIPLE STABLECOINS

Last updated: June 17, 2025, 09:28  |  Written by: Elizabeth Stark

Supporting Multiple Stablecoins
Supporting Multiple Stablecoins

The Action Is In Response

CBN GUIDELINE ON CRYPTOCURRENCY OPERATION

Nigeria Slaps Strict Rules on Banks After Lifting Crypto

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

Banks in Nigeria Begin Tracking Customer Accounts for Trading

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

CBN lifts restriction on Crypto Bank accounts, releases

Result

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

Navigating the Regulatory Headwinds for Crypto Exchanges in

Nigerian banks tracking customer accounts for crypto trading

Nigeria's Crypto Laws & Regulation in 2025

Elizabeth Stark can be reached at [email protected].

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