$PEPE

Nigeria’s central bank forced to deny claims of crypto account freeze:

🔥The Central Bank of Nigeria, via the circular, also affirmed that supervised financial entities engaged in cryptocurrency or aiding transactions for cryptocurrency exchanges are forbidden.

🔥The Central Bank of Nigeria (CBN) has refuted a report claiming it issued an order mandating all banks and financial institutions to detect individuals or entities involved in transactions with cryptocurrency exchanges and to ensure such accounts are placed under Post No Debit (PND) instruction for six months.

🔥Confusion occurred when the central bank denied the story on X but then deleted the denial. Some hours later they claimed the allegations were indeed false.

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