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Nigeria Approves National Policy to Create 'Blockchain-Powered' Economy

Nigeria has reportedly approved a national policy to create a blockchain-powered economy. The policy is aimed at promoting the use of blockchain technology to drive innovation, economic growth, and job creation in the country. The policy outlines a number of key objectives, including the creation of a regulatory framework for blockchain and cryptocurrency, the development of blockchain-based applications in various sectors, and the promotion of blockchain education and research. The move is seen as a positive step for the cryptocurrency and blockchain industry in Nigeria, which has been facing regulatory challenges in recent years.

(By Sandali Handagama)

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