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Cryptocurrency Should be Regulated in Nigeria, not Prohibited – Osinbajo

Posted by Staff Writer on February 26, 2021 in Technology News Site | 2 Views

By Samuel Nwite Nigeria’s Vice President Yemi Osinbajo has voiced his concern over Nigeria’s central bank’s approach to the evolution of cryptocurrency in Nigeria. Speaking at the Bankers Committee Vanguard on Friday, Prof. Osinbajo said Nigeria “needs to act with knowledge not fear” in addressing the concerns emanating from blockchain technology. On Feb. 5, the Central Bank of Nigeria (CBN) announced that cryptocurrency trading in Nigeria has been banned, throwing the country’s booming crypto market into…

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Posted in Technology News Site | Tagged Canada, europe, North America, Technology News

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