Tag: nigeria crypto

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SiBAN in the First Half of 2022 and My Administration’s Plans for the Second Half

In my New Year statement on 2 January 2022, I outlined my administration’s achievements and identified the areas we need to improve on in order to ensure that SiBAN is meeting the needs of our members as well as the Nigeria blockchain industry.  For accountability to you the SiBAN community that gave me mandate to

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SiBAN Urges Nigerian Authorities to Stop ‘Demonizing’ Crypto Industry Participants

Cryptocurrency operations are lawful in Nigeria and institutions should start acting like it, the SiBAN called upon. The Nigerian entity – Stakeholders in Blockchain Technology Association of Nigeria (SiBAN) – reminded that cryptocurrencies and all related activities are still legal within the African country’s borders. As such, public and law enforcement agencies should stop their

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Nigerian Industry Group Calls Out Public Institutions Over Unlawful Crypto Stance

Authored By Abigail Michelle The Stakeholders in Blockchain Technology Association of Nigeria (SiBAN), a group created in 2018 to promote blockchain adoption in Nigeria, have reached out to public institutions about the wrongful stigmatization of crypto and blockchain users in the country.  SiBAN: Crypto Is Not Illegal in Nigeria In a press release shared with

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Stakeholders Want CBN To Regulate Cryptocurrency

Stakeholders and politicians across different offices have confirmed that regulation is the best approach to derive benefits from the cryptocurrency market. In the coming days, Nigeria might be on a crypto regulatory end rather than banned as expected. Senator Ihenyan, President of Stakeholders in Blockchain Association of Nigeria, revealed he has been making efforts since