#POS
House of Representatives Inaugurates Ad Hoc Committee to Develop Legislative Framework for Cryptocurrency and POS to Combat Fraud and Money Laundering
Nigeria’s House of Representatives has initiated a major regulatory move by inaugurating an ad hoc committee tasked with reviewing the economic, regulatory, and security implications of cryptocurrency adoption and Point-of-Sale (POS) operations across the country. Specific Regulatory Actions PlannedThe committee’s primary focus is to develop a comprehensive legislative and regulatory framework for the digital finance…