Nigerian finance professional Olumide Adesina said that the central bank aims to open the country’s financial ecosystem to digital securities approved by the local regulator.
Crypto players who cooperated with the Central Bank of Nigeria (CBN) before it lifted the ban on digital assets for Nigerian banks and financial institutions on Dec. 23 are going to be in the best position to lead the industry in the future, according to Nigerian finance professional Olumide Adesina.
In an interview with Cointelegraph, Adesina said those who engaged with regulators and the CBN during the ban period rather than ranting are the biggest winners and are likely to be the early gatekeepers to the industry.
Nigerian cryptocurrency players who actively engaged with regulators have shown significant success in lobbying the central bank to soften its earlier stance, he added.
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Source: https://cointelegraph.com/news/nigerian-crypto-players-accepted-central-bank-ban-early-leaders-analyst