Explainer: How CBN’s crypto pilot fits into Nigeria’s plan to stay off global watchlists

The Central Bank of Nigeria (CBN) has launched what looks like a routine compliance exercise. In reality, it is a strategic move to safeguard Nigeria’s financial system and avoid slipping back into global regulatory trouble, especially after increased scrutiny tied to anti-money laundering controls. At the heart of this move is a pilot supervision programme […] read more Explainer: How CBN’s crypto pilot fits into Nigeria’s plan to stay off global watchlists

Explainer: How CBN’s crypto pilot fits into Nigeria’s plan to stay off global watchlists

The Central Bank of Nigeria (CBN) has launched what looks like a routine compliance exercise. In reality, it is a strategic move to safeguard Nigeria’s financial system and avoid slipping back into global regulatory trouble, especially after increased scrutiny tied to anti-money laundering controls. At the heart of this move is a pilot supervision programme […]

read more Explainer: How CBN’s crypto pilot fits into Nigeria’s plan to stay off global watchlists