Nigeria To Take Over Crypto From China After Country's Ban

in Olio di Balena3 years ago

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Source
Standard Chartered Bank Plc of Nigeria has said it is set to launch a cryptocurrency exchange and brokerage service. The bank said its innovation arm, SC Ventures, would establish the platform.

The move will be a joint venture between SC Ventures and BC Technology Group, a Hong Kong-based investment company specialising in digital assets, according to Bitcoin.com
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Source

BC Technology operates OSL, the first cryptocurrency exchange to be licensed by Hong Kong’s Securities and Futures Commission. “We have a strong conviction that digital assets are here to stay and will be adopted by the institutional market as a highly relevant asset class. We are constructing the building blocks for a safe and reliable investment infrastructure,” the Head of SC Ventures, Alex Manson, said.

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Alright. Thanks

You're welcome @otoba, that's with pleasure! 😊🌹😊🌹😊🌹

Interesting, so what about the CBN ban?

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The ban will be lifted soon. These are signs of what's going on at the background.

Watch out for the lifting of the ban.

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It is inevitable anyway...

Yes o. The government needs fund and have exhausted all avenues of borrowing. The next line of action will be Crypto.

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Alright

Can I get a second chance?

@hivewatchers, can you please pardon my mistake and give me another chance in the hive community?