Post
Topic
Board Bitcoin Discussion
Re: Bitcoin and Cryptocurrency Revolution in Nigeria
by
tendermartin
on 11/09/2017, 16:35:27 UTC
It is lovely to see another crypto enthusiast from Nigeria. It is becoming interesting how bitcoin is making huge impact and I am happy our country isn't lagging behind. Central Bank recently created a crypto awareness team which I believe is a good start. Nice thread and I second!
Let the Revolution Begin!!

I read all that too but not aware they created a team in addition to the conferences they then had.... any further details on this?? any weblinks to check out and look up the team???

Let The Revolution Begin!!!

It was a recent conference and I was fortunate to see the full program and opening statement from Musa Itopa, one of the Head of one of the CBN departments. In the last paragraph, he stated a group has been created called Blockchain Nigeria User Group (BNUG) to raise awareness on Blockchain Technology and Cryptocurrency in Nigeria...
Here is also an article that shared the news;
http://www.hmcryptogear.com/2017/08/central-bank-of-nigeria-endorses-bitcoin.html


 "Nigeria's position is very clear. We cannot stop the tide of waves generated by the Blockchain technology and its derivatives. However the Central Bank has the responsibilities of ensuring price and financial system stability. This is why digital currency issuance becomes a major concern to the Central bank of Nigeria. To this end, the Central bank of Nigeria has kick started several initiatives and research works to identify the various use cases of Blockchain Technology Including the issuance of Digital currency using the Blockchain technology."

A group has therefore been created (Blockchain Nigeria User Group) to raise awareness on Blockchain Technology and Cryptocurrency in Nigeria most especially amongst stakeholders including the regulatory authorities.



ok i had seen this news but didn't really take note of the last paragraph....