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SEC recognises cryptocurrencies, Moghalu faults CBN action

Kayode Oyero A former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, has faulted the recent action of the apex bank that Deposit Money Banks should desist from transacting in and with entities dealing in cryptocurrencies. According to him, the Securities and Exchange Commission recognises cryptocurrencies as financial assets. SEC, which is supervised

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