Nigeria to Recognize Crypto as Investment Capital: Report

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In Nigeria, a new bill in the works could allow the cenbank and SECNigeria recognize cryptocurrencies as capital for investment. By camomileshumba

"It is not that they are illegal but we don’t have regulation for them. So, these are some of the reasons why we need to review the Act and put some regulations for most of the activities – derivatives, commodity exchanges, digital currencies and so many other things," Ibrahim told Punch.

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cenbank SECNigeria camomileshumba It's high time to do this. Nigeria has a great crypto community. The state must create conditions for its adequate development.

cenbank SECNigeria camomileshumba mass adoption of cryptos inc.

cenbank SECNigeria camomileshumba They have so much lost ground to cover after that very imbecilic immature initial ban on crypto. Hope they learnt well from it

cenbank SECNigeria camomileshumba They need it, so, will be done.

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