Coinbase denies access to its website banned in Nigeria

According to the Financial Times and multiple Nigerian media reports, the Nigerian government has asked local telecommunications companies to block the websites of several platforms, including Binance, Coinbase, and Kraken, and has taken action. In response, a spokesperson for the Coinbase exchange stated that the Coinbase website is still accessible in Nigeria. A Coinbase spokesperson said: "We are continuing to investigate these reports, but based on preliminary investigation, it appears that Coinbase.com remains accessible in Nigeria." (CoinDesk) Previously, Nigeria asked its telecommunications companies to restrict access to the websites of cryptocurrency companies such as Binance, OctaFX, and Coinbase. A few months ago, the Central Bank of Nigeria issued a guideline governing the activities of digital asset operators. In December 2023, Nigeria’s central bank changed its stance on crypto-assets and asked banks to ignore its February 2021 ban on crypto trading.