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Author Topic: Gluwa proposes collaboration with nigerian government on crypto regulation  (Read 60 times)
sokani (OP)
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April 21, 2023, 07:00:17 PM
Last edit: April 21, 2023, 07:30:13 PM by sokani
 #1

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According to the official announcement shared by the team of Gluwa DeFi ecosystem, it has called the Federal Government of Nigeria to participate in the progress of a national crypto regulation framework. Adequate regulation is of paramount importance to unleash the potential of blockchain in Africa's largest economy

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Gluwa CEO Tae Oh is excited by the prospects of the collaboration with the Nigerian government in terms of the sucess of crypto in the African region in the long run: We believe that cryptocurrencies have the potential to transform the financial landscape in Nigeria and across the African continent By working closely with the Nigerian government, we hope to create a policy framework that encourages the responsible use of cryptocurrencies while also protecting consumers and preventing criminal activities.

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Ahmed Gloria Kufeji, a director at the Nigerian Ministry of Finance, says that he is impressed by the mission and vision of Gluwa and the role it can play in blockchain progress in Nigeria: We are pleased to see interest from companies like Gluwa in supporting the growth and development of the blockchain industry in Nigeria. We recognize the potential of blockchain technology to drive economic growth and financial inclusion, and we are committed to creating a policy framework that encourages innovation and investment while also protecting consumers and preventing criminal activities.
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Concerning cryptocurrency for we country, we all kno de position wey our government stand for d mata, but d tori wey I carry come be say, Gluwa, a blockchain company dey propose collaboration with Nigerian government and dem dey talk how dem fit take join bodi regulate cryptocurrency for we country.
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April 21, 2023, 07:41:08 PM
 #2

Only what I think is that Gluwa needs popularity in Nigeria and using the privilege of regulation to penetrate.

If the government still work in hands with what is pertaining to Nigeria with a foreign organization, shame on them. This should be the work of Nigerian SEC and other Nigerian regulators in relation to cryptocurrencies.

Concerning cryptocurrency for we country, we all kno de position wey our government stand for d mata
Our government has never interfered with bitcoin and other cryptocurrencies adoption in the country, all that happened was the work of the CBN.

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April 21, 2023, 08:07:26 PM
 #3

Only what I think is that Gluwa needs popularity in Nigeria and using the privilege of regulation to penetrate.
Just the way every company de market their product using different strategies, na wetting Gluwa wan use Nigeria's cryptocurrency legalization matter put for front so that them go get Nigerians attention to join their platform; because me and you know say Nigerian government no get time to they discuss this kind matter especially for this period wey be say na how to change their government they them head now. Wetting make them no reason better exchanges like Binance mean say them no get time and intention to legalize Bitcoin soon, we just they hope say if the new government come, things go better small.

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sokani (OP)
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April 22, 2023, 10:05:36 AM
 #4

Just the way every company de market their product using different strategies, na wetting Gluwa wan use Nigeria's cryptocurrency legalization matter put for front so that them go get Nigerians attention to join their platform; because me and you know say Nigerian government no get time to they discuss this kind matter especially for this period wey be say na how to change their government they them head now. Wetting make them no reason better exchanges like Binance mean say them no get time and intention to legalize Bitcoin soon, we just they hope say if the new government come, things go better small.
Wetin Charles talk na true, no be Gluwa place to say dem want help regulate crypto for the country, na SEC responsibility and other stakeholders for the industry wey FG appoint. And just as you talk, na popularity wey dem dey find, myself never hear about them before until now and I don try to look them up I no really see anything remarkable about them.
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