Nigeria: Regulate, Not Ban Cryptocurrencies, Experts Urge CBN

17 February 2021

Experts across different industries have said the better approach to deriving the benefits the cryptocurrency market in Nigeria offers is to regulate not a ban.

Senator Ihenyan, President of Stakeholders in Blockchain Association of Nigeria (SiBAN) said that it has made efforts since 2017 to engage the Central Bank of Nigeria (CBN) to regulate the cryptocurrency market in Nigeria to no avail.

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