Nigeria, Feb. 3 -- The concern is captured in the CBN's newly released Fintech Report, which draws from industry surveys and closed-door engagements with operators across the country.

While interest in digital assets is growing, many firms say the lack of precise guidance remains a major obstacle to responsible participation in the crypto market.



The News Chronicle gathered that industry players believe clearer rules would unlock legitimate use cases such as cross-border payments, digital asset custody, and tokenisation, while helping regulators better manage risk.

Stakeholders favour a framework that focuses on specific activities rather than broad restrictions, allowing regulators to separate compliant businesses from high-risk o...