BossLady on Nostr: Adedeji Owonibi, co-founder of A&D Forensics, is advocating for stricter ...

Adedeji Owonibi, co-founder of A&D Forensics, is advocating for stricter cryptocurrency regulations in Nigeria to prevent financial crimes. He warns that the absence of regulation enables illicit activities, including money laundering and terrorism financing. Owonibi urges the Nigerian government to fully regulate crypto-assets and establish laws to combat financial crimes. Despite the Central Bank of Nigeria lifting the ban on crypto transactions, Owonibi cautions that banks could still be used to launder money unless proper checks are in place. He calls for financial institutions to ensure compliance with VASPs and to employ compliance officers to report any suspicious activities.