CBN Denies Mandating Banks to Freeze Crypto Exchange Accounts

The Central Bank of Nigeria (CBN) has refuted claims suggesting that it ordered local banks to freeze accounts associated with unlicensed crypto exchanges.  Reports surfaced alleging that the CBN directed financial institutions to freeze accounts associated with exchanges like Binance, OKX, Bybit, and KuCoin, but the bank has denied issuing such directives.  In a post […] source: https://coinedition.com/cbn-denies-mandating-banks-to-freeze-crypto-exchange-accounts/