In a move aligning with the Central Bank of Nigeria’s (CBN) recent stance, several fintech companies have issued warnings to their customers regarding cryptocurrency trading.
These companies, including OPay, PalmPay, Moniepoint, and Paga, have informed users that crypto transactions are prohibited on their platforms.
The warnings come after the CBN reportedly directed these fintech firms to halt onboarding new customers last week. This latest development suggests a tightening of regulations around cryptocurrency activity in Nigeria.
