Tag: banks and crypto

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BAF Summit 2022: Cryptoasset Policymaking and the Future of Global Economy: What went well, what didn’t go well, and what can we do better in Nigeria?

The CBN needs to reconsider its current anti-crypto directive in the country’s banking and financial system to properly prepare the Nigerian banking and financial sector for the increasingly decentralized future of finance. Focus should shift from outright prohibitions, fines, and bans in Nigeria’s banking and financial system to efficient and effective transaction monitoring and reporting