 The federal government has been urged to upgrade its cryptocurrency regulatory guidelines as they are not consistent with current realities. Justice Akadoye spoke with top leader of PLCU Africa, Dr Favre Sinano, who gave this advice at the 2022 Explosion Conference and why Nigerians are obsessed about cryptocurrency. Details in this report. In May this year, Nigeria's capital market regulatory body issued new laws governing the issuance exchange in custody of digital losses in the country. This came over a year after the central bank of Nigeria banned cryptocurrency transactions by commercial banks. However, reports say Nigeria tops world countries in obsession with cryptocurrency. As the local currency weakens, Nigerians have turned to digital assets as alternatives. So much so, they have converged on this conference to get clarity and better guidance for trading. It's very, very vital for you to start ending in digital currency, which can be transferred into local currencies of any country, anywhere you are around the world. So with my PSUX, I get a farm, then I get a farm license, then I get the coins, I put them in the farm, and every 30 days I can end up to 60 percent every 30 days. For you to join into the crypto world, you need to understand the markets. And from my upline, traders, that's crypto traders, are liable to die of heart palpitations because of the fluctuation in the market. And the crypto market is very, very volatile, is very, very risky if you don't have a mentor that will guide you through these parts. With recent development, these enthusiasts are speaking in unison about how digital assets have impacted on their youths positively and why they are undeterred. Wow, in the next five years, Nigeria, because right now we are top three in the world at trading cryptocurrency. Now, in the next five years, we are going to be not only top three, but we might become the first country that is going to trade cryptocurrency more than every other country. It's the fact that it's a shortcut for people to make money. The economy at the moment is not growing. There are a lot of unemployed youth out there. So with cryptocurrency, you can be in your house and you are making your money. You don't, you no longer need to depend on people who are living abroad. When anybody that wants to do now, you or she should come in fast. She'll come in fast and buy any package in PSE. When you buy your package, make sure you fill your firm. When you fill your firm and start minting. When you start minting, you can also get your own representative, your capital, in one month. Osunano shares inside the niches of regulations, the digital assets market, and the free fall of the Naira. Young people need jobs, but there are no jobs right now. But with your smartphone, if you have a smartphone, you can start trading on Binance, for example. You can buy, coin this money and sell in the evening. If you sell properly, you can make a profit and you can compound over time. I believe the government and the regulators can provide a nibbly environment where we can cut any form of Ponzi programs that can make people lose money. And don't forget that regulators are only after innovation. Innovation is always ahead, regulators are always behind. So the regulators need to work faster. Nigeria has a high poverty rate and the local currency that Naira has been experiencing something similar to hyperinflation. In old experts say the blockchain technology serves as a better hedge for financial value, which has indeed made several Nigerians turn to digital assets. Just in Nakadone, plus David East Lagos.