CBN Timeline on Cryptocurrency in Nigeria

According to StatiSense, the following is the timeline of Cryptocurrency Bank Accounts restrictions in Nigeria by the Central Bank of Nigeria.

January 12, 2017: Circular on Virtual Currency Operations in Nigeria.

February 28, 2018: Virtual Currencies not Legal Tender in Nigeria.

February 5, 2021: Reminder on transacting in Crypto.

February 7, 2021: Response to Regulatory Directive on Crypto.

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