The post Nigerian Authorities Announces Ban on Crypto Exchanges to Save Naira appeared first on Coinpedia Fintech News
In a significant move to steady Nigeria’s currency, Naira authorities have put a ban on using cryptocurrency exchanges. The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have told telecom companies to block access to crypto firms, their websites, and apps, aiming to stop what they see as manipulation of the foreign …