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IMF Representative of Nigeria Calls for Caution Over the Use of Cryptocurrencies 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 cryptocurrencies. In an apparent justification of the directive, Aisen suggests that the CBN only wants a solution that will be “in the interest of the payment system and the sustainability of the financial sector.”

Tale of two exchangeInternational monetary fundCentral bankNigeria callsCaution overAri aisenFinancial sectorTwo exchangeகதை ஆஃப் இரண்டு பரிமாற்றம்சர்வதேச பண நிதிமைய வங்கிநைஜீரியா அழைப்புகள்எச்சரிக்கை ஓவர்அரி ஐசென்நிதி துறைஇரண்டு பரிமாற்றம்