Published on August 20th, 2015 | by bitcoin0
Bitcoin Regulations at Nigeria’s Central Bank
Nigeria’s Central Bank has reportedly called for bitcoin regulation in an attempt to stop money laundering and avoid international penalties.
According to media reports, the event – organised by the Association of Certified Anti Money Laundering Specialist – also featured comments from Obot Akpan’s, deputy director of Financial Policy and Regulation Department at CBN.
Other regulatory efforts
Nigeria’s alleged interest in regulating digital currencies comes amid similar efforts elsewhere.
Last month, Brazilian congressman Manoel Junior proposed a public hearing to discuss bitcoin and digital currency regulation.
Nigeria flag image via Shutterstock
For more information on bitcoin regulation, check out our regulation report.