Nigeria’s Securities and Exchange Commission (SEC) announced last month that it had put plans to regulate cryptocurrencies on hold in light of Nigeria’s central bank’s decision to ban them.

In 2018, the central bank said cryptocurrencies were not legal tender and that dealers and investors were not protected by law.

For more perspective, Africa 54’s Technology Correspondent Paul Ndiho, via Skype, spoke to Rotimi Ogunyemi, ICT Attorney, based in Lagos, Nigeria.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s