CBN to approve Cryptocurrency & Blockchain Technology

Must Read

- Advertisement -

The Central Bank of Nigeria (CBN) sequel to setting up of an industry committee to look into and articulate a road map for Blockchain & Cryptocurrency regulation has reiterated that it will not hinder the use of digital currencies in Nigeria.

The regulator in a recent brief with industry experts stated that an agreement has been reached to formally adopt its use in Nigeria.

A call to the Fintech Association of Nigeria confirms this and it is expected that a regulatory framework for same will be made available soonest.

Technology disruptions will continue to drive engagements in the financial sector and this feat by the Central Bank will go a long way in enhancing Fintech initiatives in the industry.

- Advertisement -
spot_imgspot_img

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Read Also:  Official, black market rates’ gap narrows over CBN’s interventions

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest News

Airtel Africa ends H1 with 116.4m Subscribers

Airtel Africa Revenue Grew By 14.2% to $3,908m, Mobile Money Up...

Airtel Africa Plc has continued strong revenue growth, increased profitability and cash flow, and continued deleveraging as indicated in the recently released financial results...
- Advertisement -
spot_imgspot_img

Latest News

Airtel Africa Revenue Grew By 14.2% to $3,908m, Mobile Money Up 35.5%

Airtel Africa Plc has continued strong revenue growth, increased profitability and cash flow, and continued deleveraging as indicated in...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -spot_imgspot_img