The President of the Stakeholders in Blockchain technology Association of Nigeria (SiBAN), Senator Ihenyen has called on the Central Bank of Nigeria (CBN) as well as other critical stakeholders in the financial sector in the country to navigate the way forward in regulating the blockchain and cryptocurrency space.
Speaking at the inaugural peer-to-peer conference organised by SiBAN over the weekend at the Civic Event Centre in Lagos, Ihenyen explained that with the unprecedented growth of the blockchain industry in Nigeria, a point of convergence becomes necessary.
“What we represent is a self-regulatory body in Nigeria’s blockchain industry. With the P2P conference, we want to have a platform where innovators as well as policy makers and other stakeholders within and outside the industry can have conversations around blockchain adoption, policy and regulation.
“We will need a re-engagement of stakeholders, lawmakers, and policymakers so that we can have a proper regulatory...
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