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Correction: Nigeria's central bank says "freezing Bybit, KuCoin, OKX, Binance user accounts" is unofficial

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2024-04-24 10:23:51
The official X account of the Central Bank of Nigeria (CBN) said that "the Central Bank of Nigeria will freeze the accounts of Bybit, KuCoin, OKX, Binance users" is not an official release.
The Central Bank of Nigeria (CBN) has issued a directive requiring all Banks and Financial Institutions Groups to identify individuals or entities dealing with cryptocurrency exchanges and ensure that such accounts are subject to no-debit (PND) directives within six months.
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