Connect with us

Entertainment

“Bitcoin Has Made Our Currency Almost Useless”- Senator Sani Musa Claims

Published

on

Sani Musa, Niger East Senatorial District in the National Assembly senator has shed more light on the reason for the ban of cryptocurrency transactions in Nigeria by the Central Bank of Nigeria.

READ ALSO: “Life Is A Magical Journey”-Regina Daniels Says As She Shares An Amazing Photo Of Herself

According to Musa, cryptocurrency is being used for transactions worldwide without a clear knowledge on who owns or operates the digital currency.

The lawmaker while speaking during plenary on Thursday, further said that Bitcon has made the Naira useless and valueless.

He stressed the need for cryptocurrency to be regulated in Nigeria.

In his words;

“Cryptocurrency has become a worldwide transaction of which you cannot even identify who owns what. The technology is so strong that I don’t see the kind of regulation that we can do. Bitcoin has made our currency almost useless or valueless.”

“If we have an economy that is very weak and we cannot regulate cryptocurrency in Nigeria, then I don’t know how our economy would be in the next seven years.”

Watch the video:

Source: WWW.GHGOSSIP.COM

The post “Bitcoin Has Made Our Currency Almost Useless”- Senator Sani Musa Claims appeared first on Tropics Nigeria.

READ MORE  Instagram Comedian, Mr. Macaroni joined #END SARS protest

Sponsored Post

84 Reads

Sarah Fidelis, is from Enugu state. ND Holder from federal polytechnic Bida, studied mass communication. Loves to engage in meaningful conversation, lover of sports, mostly football.

Continue Reading
Advertisement
Comments