Nigeria's new crypto trading policy is about to be released, and many digital banks warn users not to conduct related transactions
It was reported that as the Central Bank of Nigeria (CBN) prepares to introduce a new round of cryptocurrency trading regulations, several Nigerian fintech startups are warning users to stop trading cryptocurrencies or risk having their accounts closed and being reported to law enforcement agencies. Lagos-based startup Moniepoint informed users on Monday that it will be closing all accounts engaged in cryptocurrency trading in compliance with CBN regulations. Chinese digital bank OPay also issued a similar warning to its users.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BERAUSDT now launched for futures trading and trading bots
US watchdog lodges complaint with DOJ, OGE over President Trump's official memecoin
Public Citizen has complained to the DOJ and OGE, calling for an investigation into President Trump over alleged federal violations related to his official memecoin launch.Federal law strictly regulates payments to government officials and bars gift solicitation, the watchdog said.
Ondo Finance expands onchain offerings with new Layer 1 blockchain
Franklin Templeton, Wellington Management and WisdomTree, among others, will advise on the design of Ondo Chain.Ondo Finance on Tuesday launched Ondo Global Markets, designed to open onchain exposure to stocks, bonds and ETFs.
BNB Chain's test memecoin surged to a $52 million market cap minutes after CZ posted about it
A BNB Chain test memecoin (TST) soared to a $52 million market cap within minutes of Changpeng “CZ” Zhao’s X post mentioning “happy trading!”Zhao clarified that TST is not an official BNB Chain token and that no one from Binance holds it.
Trending news
MoreCrypto prices
More
