Nigerian SEC to issue crypto platform licenses as market size grows: Report
In June, the SEC updated its regulations to better oversee cryptocurrency platforms and exchanges and improve monitoring of digital asset trading. Go to Source
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In June, the SEC updated its regulations to better oversee cryptocurrency platforms and exchanges and improve monitoring of digital asset trading. Go to Source
By treating Bitcoin and Ether as commodities, Nigerian regulators can establish a more tailored regulatory framework that reflects the unique characteristics of these digital assets. Go to Source
While this application process is intended to improve compliance, VASPs are directed to complete it no later than 30 days from the circular date. Go to Source
Due to the rapid decline of the naira and the resulting almost three-decade-high inflation rate of 29.9%, the government turned its focus to platforms providing cryptocurrency services. Go to Source