Nigeria, Africa’s most populous country, has approved its national blockchain policy as part of the country’s efforts to transition to a digital economy.
Nigeria Ministry of Communications and Digital Economy published on its official social media account on 3 May. in the statementwithin the scope of the country’s transition to digital economy national blockchain policy has been approved announced. In politics in Nigeria prohibited from trading A detail about cryptocurrencies absence While attracting attention, the way for blockchain technology was officially opened in the country.
ministry, policy individuals, businesses And government between trustworthy transactions, data sharing And will support the exchange of values so for everyone innovation, trust, growth and increase well-being blockchain powered One economy announced that he will create
Moreover of PricewaterhouseCoopers blockchain technology 2030 the global economy by 1.76 trillion dollar can enlarge The estimate was also among the statements of the ministry.
your studies, To the Ministry of Communication and Digital Economy connected National Information Technology Development Agency (NITDA) will be coordinated and auditing for multisectoral It was also among the information given that a steering committee would be established.
Also the cabinet Central Bank of Nigeria (CBN), Nigerian Securities and Exchange Commission (SEC) And National Universities Commission regulators such as in different sectors blockchain technology implementation for creating regulatory frameworks gave the order.
Nigeria’s interest in blockchain has been increasing for a while. The country has recently tokenized your securities to buy and sell will be allowed but Bitcoin (BTC) And Ethereum (ETH) cryptocurrencies like to be banned announced that it would continue.