CRYPTOCURRENCY REGULATION IN NIGERIA

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.

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