Nigeria Cryptocurrency Clampdown: Central Financial institution Directs Fintech Companies to Cease Opening New Accounts

The Central Financial institution of Nigeria has directed 4 fintech firms to stop the creation of latest accounts, citing their potential use by cryptocurrency merchants. An govt from one of many affected fintech firms has related the Central Financial institution’s directive with a present audit of the Know Your Buyer (KYC) procedures applied by these corporations. Fintech […]