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The Nigerian government held a preliminary meeting with cryptocurrency exchange Binance on the potential establishment of a special economic zone aimed at supporting cryptocurrency and blockchain-related businesses.
According to a NEPZA September 2 tweet, the Nigerian Export Processing Zones Authority (NEPZA) held preliminary discussions with Talent City, a technology infrastructure company, and Cryptocurrency exchange Binance to propose a partnership for the first Virtual Free Zone, digital city, in West Africa.
https://twitter.com/officialNEPZA/status/1565685796144807937
Nigeria has one of the highest cryptocurrency adoption rates in the world, with over Twenty-two Million crypto holders according to crypto ownership data from Triple A.
Professor Adesugba (NEPZA MD/CEO) said the move is part of Nigeria’s economic development agenda with the vision of further promoting crypto adoption in the West African region.
We are carving out new ground to expand economic opportunities for our citizens, in line with the mandate of the Authority, the direction of the Honorary Minister and the economic development agenda of President Mohammed Buhari, he said. I was.
