SIBAN Association: Nigerian authorities must stop demonizing blockchain
The Blockchain Association of Nigeria (SIBAN) called on government agencies and banks not to refuse service to companies operating in the crypto industry. SIBAN believes that financial institutions should not use the Central Bank of Nigeria’s bias towards cryptocurrencies as a reason to refuse service to blockchain companies. SIBAN reminds that blockchain technology is not only about cryptocurrencies. Cryptocurrencies are created, stored and transferred using this technology, but the blockchain can be applied in such…