Nigeria’s presidential Candidate Promises Cryptocurrency Regulation if elected

clicks | 6 months ago | comments: discuss | tags: bitcoin

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Cryptocurrency is making waves in Africa and Nigeria is one of those countries benefiting indirectly as a result of the regulatory body led by Central Bank of Nigeria strongly against the concept bitcoin and cryptocurrency in general. Nigerians suffered a lot of losses as a result of ponzi related businesses as citizens turned to earn a living as the current government of the nation has failed in their promise during their 2015 campaign to better the nations economy. A new Presidential election is coming up February 2019 and the opposition who were the formal ruling party has turned to cryptocurrency for help. News are spreading all over the country that Quote: Atiku Abubakar, the presidential candidate of the People’s Democratic Party (PDP)- the country’s largest opposition party – has included the creation of a “comprehensive blockchain and digital currency policy” in his policy document. he also said his government will support blockchain and cryptocurrency if he is elected as president in 2019. The Nigerian government has always been known for their promise and fail style of ruling but do you think things will be different this time around if the opposition party wins the 2019 election or this is just one of their plans in getting the blockchain enthusiasts votes?
Note: If Nigeria government shows their support for blockchain related projects and cryptocurrency, it will be a huge deal as other African countries will follow in their full steps especially the ECOWAS (The Economic Community of West African States) countries.
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