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Despite Implicit Ban, Nigeria Rules Crypto as Securities; Can It Stand?

In February last year, the Central Bank of Nigeria (CBN) sparked widespread criticism after it ordered commercial banks in the country to close down accounts of cryptocurrency traders in the country.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Despite Implicit Ban, Nigeria Rules Crypto as Securities; Can It Stand?
In February last year, the Central Bank of Nigeria (CBN) sparked widespread criticism after it ordered commercial banks in the country to close down accounts of cryptocurrency traders in the country.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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