*CBN Places An Embargo On Moniepoint, Opay, Kuda, Others From Registering New Customers Over Cryptocurrency Involvement*

CBN Places An Embargo On Moniepoint, Opay, Kuda, Others From Registering New Customers Over Cryptocurrency Involvement. The Central Bank of Nigeria (CBN) has prohibited some microfinance banks, including Moniepoint, Opay and Kuda, from opening new accounts and accepting new customers over allegations that they were being used to funnel cryptocurrency and manipulate the naira‚Äôs value,…

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