The Nigerian CentralBank has requested four fintech companies to pause creating new accounts in a bid to block crypto traders from accessing them.
As per a report from Nigerian news outlet Techcabal, the Central Bank of Nigeria (CBN) has directed four key players in the fintech sector, namely, Moniepoint, Palmpay, Opay, and Kuda, to cease opening new accounts. These companies play a crucial role in facilitating crypto trading in Nigeria.