Regulate, don’t ban—Nigeria Senate tells central bank
Senators want the Central Bank of Nigeria governor to brief its Banking Committee on why it ordered banks to shut down digital currency-related accounts in the country.
Senators want the Central Bank of Nigeria governor to brief its Banking Committee on why it ordered banks to shut down digital currency-related accounts in the country.
Digital currency firms in Nigeria will now face a challenge that’s common in many other developing nations—the lack of basic banking services, Steve Kaaru writes.