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Zenith Bank just sent mail about recent CBN report on digital currency like bitcoin, swisscoin, onecoin.



Central Bank of Nigeria(CBN) stated that virtual currency/e-currency/digital currency like bitcoin are not regulated and therefore not recognized as legal tender in Nigeria.

The Central Bank of Nigeria noted that the untraceable and anonymous nature of transactions make them open to abuse by criminals. It states that customers engaging in such business do so at their own risk and the banks would not be held responsible for any loss.

See the details in the picture below:

cbn central bank of nigeria policy on digital currency like bitcoin,onecoin,swisscoin

cbn report about e-currency like bitcoin

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