Lume Ofi, former secretary of the Blockchain Technology Association of Nigeria (SiBAN), supported the inclusion of cryptocurrency-related demands in the protest program.
Ofi told Cointelegraph:
"First of all, it's the right of citizens to make demands in favor of the state. In this case, it's a peaceful protest. Some of those demands were made by the organizers of the protests, so we can expect #cryptocurrencies to be there.
Ofi believes that favorable regulation of cryptocurrencies will attract significant investment, create jobs and economic growth.
"Let investors enter the industry and hire people. I am not in favor of destroying public property, but demanding the National Assembly to come up with friendly regulations should be part of that demand, he added.
the National #Blockchain Policy Steering Committee Chairman Chimezie Chuta, meanwhile, expressed a different viewpoint. He noted that the government has already taken significant steps to support the blockchain and #cryptocurrency industry in Nigeria; Mr. Chuta said that the steering committee was established to ensure the successful implementation of policies that address the numerous needs of the crypto industry. Mr. Chuta therefore sees no reason for the industry to protest against the policy.
Mr. Chuta also stressed that the sub-committee is working on a unified regulatory framework to clarify the operations of Virtual Asset Service Providers (VASPs) in the country. The committee comprises representatives of the Securities and Exchange Commission (SEC), National Security Agency (NSA), Central Bank of Nigeria (CBN) and National Information Technology Development Agency (NITDA).
Stakeholders in the Nigerian blockchain and fintech industry had earlier urged the government to put in place supportive regulations to facilitate the widespread adoption and effective implementation of the National Blockchain Policy.
Meanwhile, the SEC has launched a pre-assessment portal, where the potential
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