Zenith bank warning against virtual currencies - Bitcoins, Onecoins, Ripples, Dogecoins

John

Zenith bank of Nigeria has warned that the virtual currencies like Bitcoins, Onecoins, Ripples and Dogecoins are not regulated and therefore not recognized as a legal tender in Nigeria according to a communique released by Central bank of Nigeria.
Since the non-regulation constitute a huge business risk, Zenith bank expressly withdraws itself from all form of business transactions made on virtual currencies.
Read below for more details.