VP Osinbajo Disagrees With CBN’s Ban On Bitcoin And Other Cryptocurrencies (Video)

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The Vice President Nigeria, Prof. Yemi has disagreed with the Central of Nigeria’ decision to ban Bitcoin and other cryptocurrencies.

Osinbajo called for a regulation of the industry instead of an outright ban.

Osinbajo also advised the SEC, and to create a regulatory road map, while fully appreciating the stance of the CBN, Nigerian SEC, and law enforcement agencies on the possible abuses of crypto assets.

He also called for scaling up of governmentt-private sector interventions because, “the task of national requires that we fire on all cylinders, after all at one stage China was building 1.9m housing units per year.”

Watch video below: