Cryptocurrency

HOUSE OF REPS WARNS EFCC: STOP PROFILING CRYPTO TRADERS AS FRAUDSTERS

IDNN
The Nigerian House of Representatives has issued a direct warning to law enforcement agencies, telling them to stop profiling cryptocurrency traders as fraudsters. Lawmakers at Monday’s crypto regulation hearing said the era of “innovation by suspicion” must end — urging the EFCC and NFIU to evolve from intimidation to intelligent oversight....

HOUSE OF REPS WARNS EFCC: STOP PROFILING CRYPTO TRADERS AS FRAUDSTERS

IDNN
Nigeria’s House of Representatives has warned security agencies against profiling cryptocurrency traders as fraudsters. At a landmark hearing in Abuja, lawmakers said innovation must be nurtured, not criminalised, urging regulators and law enforcement to balance vigilance with inclusion as the nation drafts its first legal framework for digital assets...

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