Senate summons CBN governor, SEC DG to explain ban on Cryptocurrency

4

CBN governor Emefiele

By DEJI ELUMOYE

The Senate on Thursday summoned the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emeifele, and the Director General of the Securities and Exchange Commission (SEC), Lamido Yuguda, to brief it on the opportunities and threats of the crypto currency on the nation’s economy and security.

It has therefore given its Joint Committee on Banking, Insurance and other Financial Institutions, ICT and Cyber Crime and Capital Market two weeks to interface with the CBN Governor and SEC DG and report back to plenary.

The upper chamber’s resolution was sequel to the adoption of a motion entitled “CBN’s decision to stop financial institutions from transacting in Crypto currencies and Matters arising therefrom”, jointly sponsored by Senators Dung Gyang and Adetokunbo Abiru. (THISDAY)

4 thoughts on “Senate summons CBN governor, SEC DG to explain ban on Cryptocurrency

  1. 715380 501084This really is a terrific web site, could you be interested in performing an interview about just how you developed it? If so e-mail me! 569250

  2. 752212 147013I discovered your weblog internet site on google and examine quite a few of your early posts. Continue to maintain up the superb operate. I simply extra up your RSS feed to my MSN News Reader. In search of forward to reading a lot more from you later on! 500256

  3. 644572 177277Hey there, I believe your weblog may possibly be having browser compatibility issues. When I appear at your internet site in Safari, it looks fine but when opening in Internet Explorer, it has some overlapping. I just wanted to give you a quick heads up! Other then that, superb blog! 254483

Leave a Reply

Your email address will not be published. Required fields are marked *