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The House of Representatives has resolved to investigate the national security implications of the current status of cryptocurrency, block chain, and other digital asset transactions. This followed the adoption of a motion by Rep. Isiaka Ibrahim (APC-Ogun), during plenary. Moving the motion, Isiaka said that there were growing global concerns about the national security implications of cryptocurrency transactions through cryptocurrency exchanges, including consumer and investor security. He said these exchanges enable money laundering by criminals and terrorists for their illicit activities. A…

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