Whilst speaking at the Association of Capital Market Academics of Nigeria (ACMAN), Kevin Amugo, Director for Financial Policy at the country’s apex bank disclosed that there was a need to come up with a “nation position [and] not a monetary policy position”
It can be recalled that the Central Bank of Nigeria earlier asked all financial institutions to close the fiat accounts of all those involved in cryptocurrency trading. However, it appears the government agency may have made its decision in a hurry and without consulting the general public or other industry participants. Amugo said:
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Source: Cryptocurrency - investing.com
