All by tag: Nigeria

The regulator’s fake order was circulated in the media on April 24

The country’s authorities accused the exchange of tax evasion

Officials also reported plans to fine the exchange $10 billion

The exchange’s P2P platform delisted all trading pairs with NGN at the end of February

The ban is aimed at slowing down speculative activity with digital assets in the country

This is because the country is facing one of the worst cost of living crises in recent years

The expert noted that banks should use the services of compliance specialists in the field of digital assets

The cNGN asset will be recognized as legal tender

Earlier, the local regulator also issued a ruling that the firm’s activities in the country are illegal

The local regulator is also considering applications for digital exchanges

Individuals and businesses can now cash out $45 a day and $225 a week from ATMs

The countries with the greatest interest in cryptocurrency are El Salvador, the Netherlands, and Nigeria