Nigeria’s Apex Bank and Stakeholders Collaborate to Enhance Blockchain Awareness and Implementation
B lockchain awareness in Africa is on the rise as governments and stakeholders are collaborating to enhance proper understanding and education on the fundamentals and implementation of the technology. A convention of stakeholders On Aug. 4, the Central Bank of Nigeria (CBN) published a notice inviting stakeholders to a meeting where they will discuss “Virtual currencies as a medium of exchange in Nigeria.” The notice reads: “The Central Bank of Nigeria has commissioned a study on ‘Virtual Currency as an Emerging Medium of Exchange.’ To achieve the objectives of the study, there is need for stakeholders meeting to brainstorm and exchange ideas with a view to gathering relevant information on the nature, scope and dynamics of virtual currency operations in Nigeria. This would provide input into the report of the committee.” The meeting is slated to be held on Aug. 10 at the CBN Headquarters Auditorium in the nation’s capital. The invitation specifically r...