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Nigerian Minister Against Crypto Clampdown Seeks Fair Regulation

  • Backs regulation that promotes wider blockchain opportunities
  • Individuals in Nigeria own cryptocurrencies despite trade ban
A development analyst for a crypto exchange works at a cafe in Lagos, Nigeria. 

A development analyst for a crypto exchange works at a cafe in Lagos, Nigeria. 

Photographer: Benson Ibeabuchi/AFP/Getty Images

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A minister in Nigeria, where cryptocurrencies are largely banned, is calling for regulation that promotes opportunities from the wider use of the digital technology rather than clamp down on it.