Nigerian lawyer: Ban on cash withdrawals from accounts operated by VASPs may violate CBN’s cashless policy
Nigerian fintech lawyer Ihenyen stated that the new Central Bank of Nigeria (CBN) guidelines prohibit the withdrawal of cash from accounts operated by virtual asset service providers (VASPs), which seems reasonable and understandable. However, the lawyer believes that a complete ban on cash withdrawals from accounts operated by VASPs may conflict with CBN's own cashless policy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
100% rebate for KYB users: Earn fee rebates on EUR bank deposits!
[Initial listing] Bitget to list Talus (US) in the Innovation and AI zone
Bitget Trading Club Championship (Phase 21)—Up to 1250 BGB per user, plus a ZETA pool and Mystery Boxes
Bitget Spot Margin Announcement on Suspension of MDT/USDT, RAD/USDT, FIS/USDT, CHESS/USDT, RDNT/USDT Margin Trading Services
Trending news
MoreCrypto prices
More
