KuCoin suspends P2P services in Nigerian naira

KuCoin announced on May 15 that it has temporarily suspended its peer-to-peer (P2P) service in Nigerian naira as well as its express purchase service through naira. The cryptocurrency exchange said that during this period, it will focus on ensuring compliance and creating a stronger and more secure environment for all users. Apart from ensuring the security of user funds, KuCoin also said that current orders will be completed as usual and all other services will remain available. The crypto exchange did not specify when it plans to resume naira services.