OPay Warns Customers Against Cryptocurrency And Virtual Currency Trading
Opay noticeIn a decisive move to align with the Central Bank of Nigeria’s (CBN) regulations, OPay has issued a stern warning to its customers: cryptocurrency and virtual currency trading is off-limits.
The popular payment platform has made it clear that any accounts found to be engaging in such transactions will face closure. This hardline stance is a direct response to the CBN’s directive, which aims to curb the risks associated with digital currency dealings.
Customers have been urged to steer clear of any cryptocurrency-related activities to avoid the repercussions, which include not only account closure but also the potential sharing of customer information with regulatory authorities.
OPay’s management has signed off on this public notice, emphasizing the importance of compliance and the company’s commitment to adhering to the nation’s financial regulations.
As the debate around cryptocurrency continues to heat up, OPay’s announcement serves as a reminder of the regulatory challenges that digital currencies face in the Nigerian financial landscape.
