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The Abuja Chamber of Commerce and Industry (ACCI) has entreated the Federal Authorities to space up a presidential task power on cryptocurrency adoption, citing elevated adoption of cryptos in the realm markets.

This used to be disclosed by Dr Almujtaba Abubakar, ACCI President, in an announcement on Friday in Abuja. He suggested that the FG need to soundless propose a view which would enable cryptocurrency to be former in Nigeria’s monetary markets.

“The associated rate need to soundless propose a view of hunch for phased utilization of the technological currency contained in the Nigerian monetary system,” he said.

“We counsel that participants of the associated rate need to soundless be drawn from the Central Bank of Nigeria (CBN), Nigerian Stock Change, banking /monetary Institutions, bitcoin neighborhood, digital currency consultants and relevant MDAs and organised non-public sector.

It’s our view of stare that the kind of rate can have all info on the desk and need to soundless be in a region to chart a sustainable path ahead for Nigeria,” he added.

The ACCI cited Vice President, Osinbajo’s views on cryptocurrency being a world phenomenon that worldwide locations must address as a replacement of urge a ways from.

“The policy lacuna impresses on the administration to retain in mind that it is doubtless you’ll well hang of alternatives to put together the nation to handle the positive and negative fallouts of this contemporary monetary technology,” the ACCI boss added.

At the same time as you happen to skipped over it 

Nairametrics reported that the Securities and Change Commission (SEC) had published that it used to be working with the Central Bank of Nigeria for a greater idea and regulation of cryptocurrencies in the country.

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