Yellow Card Announces It’s Resuming Deposits and Withdrawals via the Naira

Yellow Card Announces It’s Resuming Deposits and Withdrawals via the Naira


Yellow Card has announced the resumption of naira deposits and withdrawals in Nigeria via a statement from the cryptocurrency exchange platform. The move by the company comes almost a year after a central bank directive forced Yellow Card to suspend deposits and withdrawals.

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Almost a year after suspending services following a central bank directive, crypto exchange platform Yellow Card now says it is resuming local deposits and withdrawals in Nigeria. The company’s resumption of services also comes a few months after the Central Bank of Nigeria (CBN) launched its own digital currency.

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In its statement published in the Vanguard, Yellow Card’s director of services Oparinde Babatunde suggested that the CBN’s altered stance on digital currencies may have influenced

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