However, “it’s noteworthy that the recent circular did not mention any indigenous crypto exchanges, likely because many Nigerian crypto companies, such as Flincap, have been actively pursuing the required licenses,” said Nathaniel Luz, CEO of Flincap, a platform for OTC crypto exchanges.

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• Source: https://www.coindesk.com/policy/2024/04/24/nigeria-directs-entities-to-identify-those-dealing-crypto-with-bybit-kucoin-okx-and-binance/?utm_medium=referral&utm_source=rss&utm_campaign=headlines