The commission made the disclosure in a statement in Lagos on Thursday.
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They told the News Agency of Nigeria that the move was necessary considering nefarious activities that could be carried out under the guise of secrecy that shrouds cryptocurrencies.
The apex bank gave the explanation in a statement on its official website by Osita Nwanisobi, Acting Director of Communications.
Making the clarification in a statement on the CBN official website, Osita Nwanisobi, the bank’s Acting Director of Communications, said the directive was not new but only a reminder of a 2017 directive to the same effect.
The Bank said this in a statement by its Acting Director of Corporate Communications, Osita Nwanisobi, on Sunday.