- Authorities in Nigeria have been told to consider upgrading the country’s cryptocurrency regulatory guidelines because current regulations are not consistent with the realities on the ground.
- The growing interest in cryptocurrencies by Nigerians means the country needs to have “clear-cut guidelines” for the industry.
- One of the experts, Roger Geisler, a special agent in the Arizona Attorney General’s Office, is quoted in the report giving an example of a risk that many crypto users face but one that can potentially be minimized by putting guidelines in place.
Report: Legal Experts Say Nigeria in Need of ‘Clear-Cut Guidelines’ for Crypto Industry
