Reps Move To Regulate Cryptocurrency, POS Operations In Nigeria

[Qhunman]

The House of Representatives has constituted an Ad-hoc Committee to examine the regulatory and security implications of cryptocurrency and Point-of-Sale (PoS) operations across the country following the rising number of scams linked to unregulated PoS and crypto transactions in the country.

NAIJA News

[Futurexxx]

The House of Representatives has constituted an Ad-hoc Committee to examine the regulatory and security implications of cryptocurrency and Point-of-Sale (PoS) operations across the country following the rising number of scams linked to unregulated PoS and crypto transactions in the country.

NAIJA News

True, I see am for news day before yesterday and I was like, this people don start again oo, scam na new thing in the crypto industry?
Or them no know say even though them regulate am, scammers go still scam those wey no know their left or right in the space?
Or abi them wan bring new format to use steal money?
Because I no understand how the scam in crypto take become a new thing in our society, but anyway, make we see how them wan take do am, because e dy very obvious say this politicians dy look for a way them go use collect tax for those trading crypto, nothing Dem wan tell me, na their aim be that.

[New Judgement]

You know it's quite funny how this country is. How can you regulate something that's not recognized as legal tender in the country. They instructed the banks not to aid in crypto currency transactions and that has been in place for as long as I can remember. So which other regulation are they talking about crypto currency? They won't make any law that will regulate the money they politicians are stealing from this country. Funny people we will see the end of the regulation. The one with binance officials how did it end?

[Spaceman1000$]

The House of Representatives has constituted an Ad-hoc Committee to examine the regulatory and security implications of cryptocurrency and Point-of-Sale (PoS) operations across the country following the rising number of scams linked to unregulated PoS and crypto transactions in the country.

NAIJA News

Na only POS them fit get strength to regulate, make them forget about crypto, them no Sabi anything for that angle, if na to rig elections, them for Sabi well well, how them fill say them fit regulate a complex technology like crypto for niaja, highest na to begin clamb down on Xchanges just the way they did to Binance, else I don't see what this election riggers can do.  They want to fight scammers, the one way them dey loot nko.