Wale Fakorede, a financial technology expert, says cash remains the common method for illegal activities, not cryptocurrencies.
Questioning why the government has not changed its perception, he said cash remains the most common method for illegal activities in Nigeria, despite recent claims linking cryptocurrencies to illicit activities like terrorism funding. “Upholding transparency, accountability, and integrity as non-negotiable principles of governance is essential to rebuild trust, attract investment, and pave the way for a brighter business future for all Nigerians,” Fakorede said.
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