NDIC, CBN set up joint committee to study digital currency, ‘bitcoin’

Alhaji Umaru Ibrahim, the Managing Director, Nigeria Deposit Insurance Commission (NDIC), on Friday said the commission and CBN had set up a committee to look into the trending “digital currency, ‘bitcoin’.”

Ibrahim said this at the ongoing 2016 Workshop for Financial Correspondents in Kaduna.

The theme of the workshop is ‘Economic Recession and the Nigerians Banking Sector: Opportunities, Challenges and the way Forward.’