Governments are trying to regulate blockchain and cryptocurrency and protect their interests and those of their citizens around the world. 

In Nigeria, regulators are working on a framework proposal that lays out plans to regulate cryptocurrencies through its Securities and Exchange Commission. 

For more perspective, Africa 54 technology reporter Paul Ndiho, via Skype, spoke to Bolaji Onibudo, Founder and President, Xendbit, a Fintech company in Lagos, Nigeria. 

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