Central Bank of Nigeria - Crypto has revolutionized global financial sector

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CBN governor Godwin Emefiele noted that despite the existing risks cryptocurrencies come with benefits liek financial inclusion driving growth, and lowering poverty levels.

The urgent call for the need to rethink financial system regulation, supervision and monetary policy implementation,’’ Godwin Emefiele said.

Emefiele challenged Monetary Policy Committee members to be well versed with the digitized monetary policy objectives, targets, and tools.