Just In: VP Osinbajo Disagrees With CBN's Ban On Bitcoin And Other Cryptocurrencies (Video) | YOUTHVIBES Just In: VP Osinbajo Disagrees With CBN's Ban On Bitcoin And Other Cryptocurrencies (Video) | YOUTHVIBES
General News

Just In: VP Osinbajo Disagrees With CBN’s Ban On Bitcoin And Other Cryptocurrencies (Video)

Professor Yemi Osinbajo, Nigeria’s Vice President has called for regulation of cryptocurrency instead of an outright ban.


Bitcoin
The Vice President of Nigeria, Prof. Yemi Osinbajo has disagreed with the Central Bank of Nigeria’s decision to ban Bitcoin and other cryptocurrencies.
Osinbajo called for a regulation of the industry instead of an outright ban.
READ:   Fresh Facts Emerge On How Notorious Ibadan Ritual Killer Escaped From Police Custody
Osinbajo also advised the SEC, and Central Bank of Nigeria to create a regulatory road map, while fully appreciating the stance of the CBN, Nigerian SEC, and law enforcement agencies on the possible abuses of crypto assets.
He also called for scaling up of governmentt-private sector interventions because, “the task of national development requires that we fire on all cylinders, after all at one stage China was building 1.9m housing units per year.”
Watch video below:
READ:   See List of Conditions Churches And Mosques Must Meet To Reopen

Leave a Reply

%d bloggers like this: