IMF Representative of Nigeria Calls for Caution Over the Use of Cryptocurrencies – Economics Bitcoin News

The International Monetary Fund (IMF) resident representative for Nigeria, Ari Aisen recently discussed the Central Bank of Nigeria (CBN) directive that targets crypto entities. In remarks made during a special virtual press briefing, Aisen repeats some of the CBN’s claims that cryptocurrencies were being used “for illegal transactions such as money laundering and drug trafficking.” CBN Acting in the Interests of Financial Sector Stability According to a report, Aisen, who says that other central banks have taken similar action, believes that “some care should be taken” concerning the use of…