CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
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 .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.