This development can help to promote the growth of the cryptocurrency industry in Nigeria, while also ensuring that it is done in a safe and responsible manner.
Are we after all these? Or we want a decentralized system where we can run our cryptocurrency transactions without any third party?
All I want from Federal government is to bring back p2p in our cryptocurrency exchanges, instead of given them order to create offices in the country.
This order can come with several disadvantages to crypto users because the government might take advantage of these to get data from centralized exchanges under the registered organization just to get some crypto users to use as a scape goat when talking about economic issues.
Let’s just be carful as we further use exchanges, the Nigerian SEC can be a spy to get our data to federal government.