African governments’ failure to provide jobs fueling youths’ interest in Bitcoin business | The Guardian Nigeria News - Nigeria and World News

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Jude Ogene is the Deputy General Counsel of Paxful, a peer-to-peer fintech platform built to provide equal access to cyptocurrency traders.

Ogene, who leads the company’s initiatives with respect to product support, litigation management and corporate/commercial transactions, in this interview with The Guardian, explains the state of digital currencies in Nigeria.

It is said that Bitcoin plays critical role in boosting Africa’s economic prosperity, how is this so? There are fears that Bitcoin is vulnerable to criminal acts. What legal and policy framework should African governments consider to mitigate illegal use of the digital currency? What advice would you give to the Nigeria youths, who are interested in cryptocurrency and its legal frameworks?

 

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