THELOGICALINDIAN - One of the African continents arch cryptocurrency exchanges Luno has told its Nigerian users that it is in the action of reinstating drop and abandonment functions on our belvedere According to an email that was beatific to Nigerian users this acknowledgment is accepted to appear in the advancing weeks
Luno Not in Direct Communication With CBN
As a report by The Guardian noted, this advertisement by Luno is advancing some seven months afterwards the Central Bank of Nigeria (CBN) directed banks to exclude cryptocurrency entities from the cyberbanking ecosystem. Consequently, some users in Nigeria accept speculated that this advertisement agency the CBN is about to about-face this decision.
However, Owen Odia, Luno’s country administrator for Nigeria, denied that this was the case. She appropriate in a account to Bitcoin.com News that the bald sending of the emails does not beggarly the barter is buried to CBN discussions about the appropriation of its directive to banks.
The Luno manager, however, did affirm that Luno has been alive with added Nigerian stakeholders as it tries to acquisition a band-aid that “prioritises the assurance of its customers.”
She explained:
Odia emphasizes that while Luno is not in a position to animadversion on the CBN’s affairs apropos its directive, her alignment charcoal hopeful that “this bearings will be resolved.”
Crypto Regulatory Framework in the Works
Following the CBN’s brusque accommodation to lockout cryptocurrency entities from the cyberbanking system, Luno became one of the few exchanges that apprenticed to abetment Nigerian authorities in their adventure to acquisition the appropriate authoritative framework for crypto. While there accept been no letters of absolute advance on this front, Luno’s advertisement still suggests that the barter ability accept accomplished some affectionate of accommodation with Nigerian regulators.
Crypto enthusiasts in Nigeria are now cat-and-mouse on Luno’s acknowledgment of the drop and abandonment action to apperceive if the CBN has antipodal its decision.
What are your thoughts about this advertisement by Luno? Tell us what you anticipate in the comments area below.
Image Credits: Shutterstock, Pixabay, Wiki Commons, Najmi Arif
