Crypto-trading may go the way of multiple exchange rates – analysts

Luno unveils venture capital platform to support crypto, web3 founders

Luno is present in Nigeria where the cryptocurrency market is currently under restriction by the top bank in the country.

Like Nigeria’s multiple exchange rates which the Central Bank of Nigeria (CBN) has battled to converge in the last five years, crypto-trading in Africa’s largest economy may ride on the CBN’s policy banning financial institutions from transactions involving crypto exchanges, to boost informal

```

Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```