JUST IN…CBN bans Nigerians from buying, selling bitcoin, other cryptos 1
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JUST IN…CBN bans Nigerians from buying, selling bitcoin, other cryptos

The Central Bank of Nigeria (CBN) has reportedly banned the use of Bitcoin and other cryptocurrencies in Nigeria, three months after the country became the second largest market in the world for bitcoin transactions. CBN directed financial companies operating in Nigeria to stop transactions relating to cryptocurrencies, citing its concern about risk associated to cryptocurrencies.

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