Reps move to review economic, security impact of cryptocurrency, POS operations
✍️ Sharon Eboesomi, .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow, Class, Wp-Block-Co-Authors-Plus, Display Inline, .Wp-Block-Co-Authors-Plus-Avatar, Where Img, Height Auto Max-Width, Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar, Vertical-Align Middle .Wp-Block-Co-Authors-Plus-Avatar Is .Alignleft .Alignright📅 October 06, 2025 09:09 PM⏱️ 2 min read🕐 Scraped: October 07, 2025
Summary: Speaker Abbas Tajudeen said the initiative became necessary following rising cases of fraud, cybercrime, and consumer exploitation within the digital finance sector.
The Speaker of the House of Representatives, Abbas Tajudeen, has inaugurated an ad hoc committee to examine the economic, regulatory, and security implications of cryptocurrency adoption and Point-of-Sale (POS) operations in Nigeria.
Speaking at the inauguration on Monday in Abuja, Mr Tajudeen said the initiative became necessary following rising cases of fraud, cybercrime, and consumer exploitation within the digital finance sector.
He noted that despite periodic economic challenges, Nigeria’s economy
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