India and Nigeria Are Making Major Crypto Moves, But In Different Directions

Government officials from India and Nigeria both made statements on crypto today, but they took surprisingly different directions. Both explicitly acknowledged pros and cons, yet their speeches have many key differences. India’s Minister of Commerce and Industry focused on the negatives of Web3, although he alluded to a CBDC. Nigeria, meanwhile, is forming a Committee to profitably engage with this risky yet lucrative industry source: https://beincrypto.com/india-nigeria-crypto-policies-diverging-cbdc-committee/