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"Nigeria to pass bill to recognize cryptocurrencies
The Nigerian government intends to pass a bill to legalize the use of the first cryptocurrency and other digital assets. This was reported by the local newspaper Punch, citing the chairman of the House Committee on Capital Markets and Institutions Babangida Ibrahim.
If the amendments to the Investment and Securities Bill of 2007 are passed, the local SEC will be able to treat cryptocurrencies and other digital funds as capital for investment.
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