Nigeria to recognize Bitcoin, Ether, and other cryptos

Nigeria is set to recognize Bitcoin (BTC), Ether (ETH), and other cryptos within its jurisdiction. The government will reportedly pass a law soon that will recognize crypto usage in the country, a move that will keep Nigeria up to date with global practices. This was revealed by the House of Representatives Committee on Capital Markets Chairman Babangida Ibrahim in an interview with the Nigerian-based Punch Newspapers on December 18, 2022. Once the Investments and Securities Act 2007 (Amendment) Bill is signed into law, it will allow the countrys Securities and Exchange Commission to...

source: https://tokenpost.com/Nigeria-to-recognize-Bitcoin-Ether-and-other-cryptos-9847

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Published by: Book Club
Source: NewsService