BICCoN believes that a balanced approach can help resolve the current challenges and empower Nigeria to create a supportive environment in which the blockchain industry can thrive.
The Blockchain Industry Coordinating Committee of Nigeria (BICCoN) has called for a balanced approach to resolving the ongoing legal issues between crypto exchange Binance and the Nigerian government.
BICCoN, which represents the Nigerian blockchain industry, is concerned about the implications for the country’s blockchain ecosystem and international reputation.
While recognizing the Nigerian government’s responsibility to safeguard national interests, including economic stability and regulatory compliance, BICCoN emphasizes a balanced approach that promotes trust and confidence in the process and encourages collaboration with stakeholders, including international partners.