Connect with us

NEWS

PalmPay Halts Crypto Transactions Amid Regulatory Pressure

Published

on

PalmPay

PalmPay has urged its users to refrain from cryptocurrency transactions through its platform to avoid potential account suspension.

The company reassures customers of its commitment to regulatory compliance and platform stability. Stay tuned for further updates on this developing story.

Recall that the Central Bank of Nigeria (CBN) has issued regulations concerning cryptocurrency transactions, prompting swift action from financial service providers like PalmPay.

RELATED NEWS  Hon Chinedu Ogba Onah to Distribute Palliatives to 150 Widows in Ohaukwu Community

The directive emphasizes compliance with government regulations regarding virtual assets.

Share

Discover more from Naijanewstoday

Subscribe to get the latest posts sent to your email.

We serve you the recent Political, Entertainment, Sports, news in Nigeria today from latest celebrity news, Opinion, photos, scandals & many more. We are dressed with compelling News and Opinion articles that grow unique visitors and we ensure returning visitors become loyal readers.

TRENDING

Discover more from Naijanewstoday

Subscribe now to keep reading and get access to the full archive.

Continue reading