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CoinGape 2024-03-16 16:05:49

Nigeria SEC Seeks To Double Capital Requirement For Crypto Exchange Registration

The Securities and Exchange Commission (SEC) of Nigeria has proposed a significant increase in the minimum paid-up capital requirement for crypto exchange registration. The move is aimed at strengthening oversight and mitigating risks within the burgeoning cryptocurrency sector. Nigeria SEC Proposes Amendments For Crypto Exchange Registration Rules The current requirement, set at ₦500 million ($314,000), The post Nigeria SEC Seeks To Double Capital Requirement For Crypto Exchange Registration appeared first on CoinGape .

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