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…