Nigeria mata and crypto don tire me sef,I no really know wetin dey worry dis our government officials and CBN.The lady is just been truthful,she know how cryptocurrency don help the youths.Now my question be say na cyptrocurrency dey cause Naira devaluation?
Currently CBN don give Fintech banks the go ahead to ban any user account wey use promote crypto transactions.CBN and the government no just like the fact say the youths dey use cyptrocurrency dey help themselves.I like the fact say the lady speak sense into their head,the part I grabbed and love most in her speech na when she tell dem say as no be the government invent crypto dem no go fit end am,so dem just dey fight fight wey no go anywhere.Dem fit just manage the use of cryptocurrency to reduce illicit act by internet fraudsters nothing more.
Speaking very frankly, the senator used the right words to buttress the point of which is that, cryptocurrency wasn't invented by the government, it is foreign and is still gaining adoption and it has helped international traders, merchants and investors do their business peacefully without much commercial Banks palava and fees that can choke.
All the government should be focused on is to regulate it. That is regulate Crypto currency activities in the country, so as to give cyber criminals, money launderers, fraudsters a very tough time with while using the Blockchain network and decentralized platforms.
They can also try to encourage developers and coders create more jobs by allowing an enabling environment and in such way, they help improve the micro and macro economies of both individual citizens and the country in general.