May 29, 2022

SB-Accounting

Accounting + Finance Blog

WebTV interview of CBN on Blockchain Tech on YouTube Crosses 10k views

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Proshare television WebTV has interviewed staffs of the Central Bank of Nigeria regarding the issue of blockchain in Nigeria. And the number of views has reach 10k today. This shows the increase awareness of blockchains in Nigeria.

The CBN staff interviewed highlighted Central Bank of Nigeria, CBN, position on Blockchain and what it’s doing to bring the issue of blockchain in a position that will protect consumers.

He mentioned areas of risk of blockchain tech and areas were blockchain is very effective. Instead of seeing it as a digital currency, the staff, Jumoh, sees it as a digital assets.

He also said that the CBN will try to put up regulations that will make protect Nigerians and businesses to use Bitcoin. For now, a standing committee has been formed to look into the blockchain technology and what ever result will be communicated and decision will be taken by he CBN. You can watch the YouTube here

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