The Securities and Exchange Commission (SEC) has proposed a new regulatory framework for Nigeria’s digital asset market, setting a N30 million registration fee and a N2 billion minimum capital requirement for Digital Asset Exchanges and Digital Asset Custodians. The proposal was contained in the draft Rules on Digital and Virtual Asset Operations, Custody and [...]
The Securities and Exchange Commission (SEC) has proposed a new regulatory framework for Nigeria’s digital asset market, setting a N30 million registration fee and a N2 billion minimum capital requirement for Digital Asset Exchanges and Digital Asset Custodians. The proposal was contained in the draft Rules on Digital and Virtual Asset Operations, Custody and [...]This article was originally published by Leadership.
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