Nigerian Presidential Hopeful’s Party Says It Will Review Country’s Blockchai...

Nigerian Presidential Hopeful’s Party Says It Will Review Country’s Blockchai...

The party of the Nigerian presidential hopeful Asiwaju Bola Tinubu has promised to set up an advisory committee to review regulations that govern blockchain and virtual asset services if it wins in the upcoming elections. The All Progressives Congress also said it “will work with the Central Bank and the financial sector to carefully review and better optimise the exchange rate regime.” A ‘Business-Friendly Regulatory Framework’ In its recently unveiled manifesto, Nigerian presidential aspirant Asiwaju Bola Tinubu’s party — the All Progressives Congress (APC) — said....


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Digital Currencies Get Support From Nigerian Presidential Hopeful

Digital currencies have found a major backer in a Nigerian presidential candidate, who expresses confidence in their potential and rejects the concept that they might destabilize an economy. Bukola Saraki, one of the Peoples Democratic Party’s 15 presidential candidates in Nigeria’s approaching election, agreed that digital currencies can truly benefit the nation’s youth. Bukola Saraki, one […]

Nigerian Presidential Candidate Says Fixed Exchange Rate Regime ‘Has to End’ ...

A Nigerian presidential election candidate, Peter Obi, has said the local currency’s exchange rate against the dollar must not be fixed but must be determined “by the forces of demand and supply.” Pointing to the success of the Nigerian fintech Flutterwave, the candidate said if elected, his government will create an enabling environment for other startups to similarly thrive and succeed. Two-Tier Exchange Rate Regime Attacked A candidate in Nigeria’s upcoming presidential elections, Peter Obi, has said the local currency’s official exchange....

Nigerian Presidential Hopeful Says He Supports Digital Currencies but Wants t...

Nigerian presidential hopeful, Bukola Saraki, recently said he supports the digital currency industry which he claimed has created opportunities for the country’s youth. However, he insisted that there is a need for the enactment of laws that guide players in this space. Digital Currencies Create Opportunities for the Youth One of Nigeria’s presidential aspirants, Bukola Saraki, was recently quoted saying he supports digital currencies and that he does not think they will wreck the economy. The presidential hopeful nevertheless suggested that there must be....

Peruvian Presidential Campaign Pursuing Blockchain Solutions

A political party in Peru is looking to make the blockchain a part of its presidential campaign platform. Perú Posible, a centre-leaning party led by former president Alejando Toledo, is gearing up for the upcoming presidential election set to take place next April. Hillmer Reyes, a policy director for Toledo's campaign and a member of the party's national committee, told Peruvian newspaper El Comercio the party would propose using the blockchain to help ease societal issues and combat corruption. In an interview with CoinDesk, Reyes expanded on the initiative, outlining how a formal....

Bitcoin donations factoring into Romanian presidential campaign

One presidential candidate in Romania has made waves in his campaign by announcing that he will open up donations in Bitcoin. Remus Cernea, a former Green Party member who is known for speaking out on religious discrimination and unsustainable technologies, made the announcement Thursday: “I’m the first politician in the world who has announced that his presidential campaign will accept donations in Bitcoin. It is a world first as far as I know.” (American Libertarian Party candidate for president Darryl Perry would say otherwise).