Press release issued by Blockchain Industry Coordinating Committee of Nigeria (BICCoN)

• SiBAN
• February 14, 2021

On Friday, 5th February 2021, the crypto industry in Nigeria got wind of a circular by the Central Bank of Nigeria (CBN). The news reached local international media mainstream and members of the general public. The circular was directed to all deposit money banks (DMBs), non-bank financial institutions (NBFIs), and other financial institutions in Nigeria.