- A minister in the Nigerian government has called on authorities in the country to consider regulating cryptocurrencies instead of clamping down on them.
- Prior to the CBN’s directive on February 5, 2021, the Nigerian Securities and Exchange Commission, as well as the central bank, had both vied for the control of cryptocurrencies.
- In fact, as reported by Bitcoin.com News in September 2020, the Nigerian SEC had designated cryptocurrencies as securities in its crypto guidelines document.
Nigerian Government Minister Calls for Regulation of Crypto, Considers Additional Body ‘to Play That…
