BitcoinWarrior

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Reps to investigate current status of cryptocurrency, blockchain, others

The House of Representatives has resolved to investigate the current status of cryptocurrency, blockchain, and digital asset transactions in Nigeria. The investigation aims to identify threats to national security and gaps in legislative frameworks, statutes, and regulations. The resolution, following a motion by Isiaka Ibrahim (APC, Ogun), includes the investigation of international money transfer operators, payment gateways, platforms, and cloud computing infrastructure. The House will also examine the status of the E-Naira on the global cryptocurrency platform, including costs, processes, a…