Nigeria Cryptocurrency Clampdown: Central Bank Directs Fintech Firms to Stop Opening New Accounts

The Central Bank of Nigeria has directed 4 fintech companies to cease the instauration of caller accounts, citing their imaginable usage by cryptocurrency traders. An enforcement from 1 of the affected fintech companies has associated the Central Bank’s directive with a existent audit of the Know Your Customer (KYC) procedures implemented by these firms. Fintech […]