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Nigeria’s SEC to Licence Crypto Exchanges as Adoption Surges Nigeria’s SEC to Licence Crypto Exchanges as Adoption Surges

Nigeria’s SEC to Licence Crypto Exchanges as Adoption Surges

Nigeria’s top finance regulator plans to license providers of virtual assets including cryptocurrencies to tap opportunities and protect investors as adoption rates surge in the West African nation.

The Abuja-based Securities and Exchange Commission is looking to issue its first licenses for digital service and tokenized assets this month, Director-General Emomotimi Agama said.

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Emele Onu

https://www.bloomberg.com/news/articles/2024-08-20/nigeria-s-sec-to-licence-crypto-exchanges-as-adoption-surges

2024-08-20 11:01:17

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