Top Crypto Exchange OKX Halts Services in Nigeria Due to Regulatory Changes
18.07.2024 1:00 1 min. read Alexander Stefanov
OKX, a prominent global cryptocurrency exchange, has announced the cessation of its operations in Nigeria.
The decision comes amidst regulatory changes affecting digital asset services within the country.
In an email communication to its users on July 17, OKX informed them about the discontinuation of services in Nigeria starting August 16.
Customers will no longer be able to initiate new trading activities or access platform services, except for withdrawing funds and closing existing positions.
The move aligns with OKX’s assessment of evolving local regulations impacting its operations.
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