A Golden Finance report stated that Emomotimi Agama, the Director-General of the Nigerian Securities and Exchange Commission (SEC), informed Techcabal via SMS that, contrary to some reports, it has not yet issued any cryptocurrency licenses. The SEC plans to issue licenses for digital services and tokenization assets starting in August 2024, as part of increased scrutiny of cryptocurrency exchanges and the promotion of industry regulation, including requiring exchanges to remove Naira from peer-to-peer transactions to prevent currency manipulation. No approval has been given to anyone yet.
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A Comissão de Valores Mobiliários da Nigéria nega a emissão de licenças temporárias para criptomoedas
A Golden Finance report stated that Emomotimi Agama, the Director-General of the Nigerian Securities and Exchange Commission (SEC), informed Techcabal via SMS that, contrary to some reports, it has not yet issued any cryptocurrency licenses. The SEC plans to issue licenses for digital services and tokenization assets starting in August 2024, as part of increased scrutiny of cryptocurrency exchanges and the promotion of industry regulation, including requiring exchanges to remove Naira from peer-to-peer transactions to prevent currency manipulation. No approval has been given to anyone yet.