Nigeria's central bank plans to integrate digital securities approved by its local regulator into the country's financial system, according to finance professional Olumide Adesina.
He added that companies who engaged with the Central Bank of Nigeria (CBN) before its recent relaxation of rules on digital assets would be best positioned to lead the industry.
During the ban, companies that actively engaged with the CBN rather than complaining are set to be the early gatekeepers of the industry.
Adesina said the proactive approach of these cryptocurrency companies successfully influenced the central bank to soften its previous stance.