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Crypto Crackdown Ends: Nigeria's New Policy Unlocks Web3 Innovation
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This story was originally published on HackerNoon at: https://hackernoon.com/crypto-crackdown-ends-nigerias-new-policy-unlocks-web3-innovation.
Barely a month ago, the Central Bank of Nigeria (CBN) issued a circular that ended a two-year crackdown on cryptocurrency within the country’s banking sector
Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #nigeria, #central-bank-of-nigeria, #tokenization-of-rwas, #future-of-crypto-in-nigeria, #crypto-ban, #nigeria-crypto-community, #crypto-news, and more.
This story was written by: @iremidepen. Learn more about this writer by checking @iremidepen's about page, and for more stories, please visit hackernoon.com.
The Central Bank of Nigeria(CBN) issued a circular ending a two-year crackdown on cryptocurrency within the country’s banking sector. In 2023, [Binance] ranked Nigeria as the 7th country with the highest number of crypto holders in the world boasting a large trading database. In a groundbreaking move, Nigeria's Securities And Exchange Commission (SEC) is going to launch the Digital Securities Platform.
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