Report: Nigeria Prepares to Regulate Cryptocurrencies in New Licensing Plan

Report: Nigeria Prepares to Regulate Cryptocurrencies in New Licensing Plan

Nigeria’s financial regulator prepares to license cryptocurrencies. Cryptocurrency exchanges. The Abuja-based Securities⁢ and Exchange⁣ Commission of ​Nigeria (SEC) is close to announcing the ‍country’s​ first licenses for cryptocurrency exchanges. Bloomberg reported that the regulator will begin regulating digital and tokenized⁢ assets this month. Global⁢ trend: Regulators are increasingly trying to‍ formalize oversight of crypto ‌markets…

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