Olayimika Oyebanji

Seasoned Crypto Journalist | C. Compliance Lawyer | Founder, On-Chain Media | DeFi Researcher| ex @MoonDAO | ex @Ukraine_DAO

[Olayimika Oyebanji @CardaMika]

That's me with the former Governor of Kastina State and one-time former Speaker of the House of Representatives, Aminu Bello Masari . This a major throwback to my years of active legal practice in Kastina State(North West, Nigeria).

[Olayimika Oyebanji @CardaMika]

@DrJohnnyHon 🤔🤔

[Olayimika Oyebanji @CardaMika]

This is why we need a function-based framework.Regulation must adapt to the economic reality of how these assets are used, rather than relying on legacy definitions. ​Incredibly grateful that my work is contributing to high-level sovereign advisory and global policy conversation

[Olayimika Oyebanji @CardaMika]

Honored to see my research featured on the global stage. 📜✨

Global Sovereign Advisory(GSA)recently published a critical memorandum analyzing the rise of stablecoins and their macroeconomic impact on emerging market economies.

[Olayimika Oyebanji @CardaMika]

Forcing stablecoins into a rigid, traditional securities framework—treating them like traditional equities or bonds—fundamentally misaligns with their utility, slowing down local innovation and investment in a country that is otherwise a global pioneer in crypto adoption.

[Olayimika Oyebanji @CardaMika]

In it, they cited my paper, "The Securitization of Stablecoins under the Nigerian Law: A Call for Function-Based Regulation" (Footnote 56). ​The report references the ongoing debate and criticisms surrounding the securitization of stablecoins.

[Olayimika Oyebanji @CardaMika]

@connectwithtola See who is talking..lol

[Olayimika Oyebanji @CardaMika]

Stress free. CHOOSE yourself!

[Olayimika Oyebanji @CardaMika]

@4nanei Lol 😆 🤣 😂

[Olayimika Oyebanji @CardaMika]

The AI Illusion: Why Africa Needs Infrastructure, Not Just Regulations

Governing intelligence comes down to various strategies designed to steer AI but governance itself is not the biggest challenge hindering AI adoption in Africa.

[Olayimika Oyebanji @CardaMika]

I'm compelled to argue that AI governance is not a setback to AI adoption in Nigeria . It's the lowest hanging fruit . While rules and cross-border oversight are important, more attention should be paid to investing in digital infrastructure and training.

[Olayimika Oyebanji @CardaMika]

This analysis is factual when you compare Singapore, a knowledge-based economy and one of the world's leading AI hubs, to Nigeria and other African countries.

[Olayimika Oyebanji @CardaMika]

In 2024, the International Monetary Fund(IMF)rated most African countries including Nigeria as the least prepared for AI citing inadequate infrastructure and warning that this technology could further deepen economic inequality in low income countries.

[Olayimika Oyebanji @CardaMika]

In Nigeria ,for example,there is a lot of chestbeating in the AI governance space and much of the conversation about AI has been reduced to governance problem. The result is that we are losing sight of a more pressing concern which is the lack of a robust digital infrastructure

[Olayimika Oyebanji @CardaMika]

Any nation can draft a bill within days; even with AI, that part is relatively straightforward.
Africa's major hindrance is infrastructure. How can we talk about AI adoption without digital infrastructure? How many countries in Africa have the infrastructure for AI deployment?

[Olayimika Oyebanji @CardaMika]

@DeFiola_ Thank you very much, Sir!

[Olayimika Oyebanji @CardaMika]

Happy birthday(May 19) to me 🎂

[Olayimika Oyebanji @CardaMika]

@the_archangelII Thank you so much 💓

[Olayimika Oyebanji @CardaMika]

@BigDeraNwa Thank you, sir !

[Olayimika Oyebanji @CardaMika]

@Cudi_wBG Thank you very much!

[Olayimika Oyebanji @CardaMika]

@Okezi_joel Thank you, sir!

[Olayimika Oyebanji @CardaMika]

@iwuno_obinna Thanks, Senior man!