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coinpedia
2023-12-23 05:13:16

CBN Lifts Banking Ban on Virtual Asset Service Providers!

CBN Lifts Banking Ban on Virtual Asset Service Providers!

The post CBN Lifts Banking Ban on Virtual Asset Service Providers! appeared first on Coinpedia Fintech News The Central Bank of Nigeria (CBN) has lifted the banking ban on virtual asset service providers (VASPs) that had been in place since February 2021. The decision, announced in a circular signed by the Director of Banking Supervision, Haruna Mustapha, allows VASPs to operate bank accounts for the receipt and disbursement of funds on behalf …

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