Nigeria’s Securities and Exchange Commission (SEC) has made a key decision in the country’s cryptocurrency sector. For the first time, the SEC has issued a provisional license to Quidax, an African-founded cryptocurrency exchange. This license officially recognizes Quidax as a registered crypto exchange in Nigeria. This …
The Nigerian SEC has suggested increasing the registration fee for crypto exchanges from 30 million naira ($18,620) to 150 million naira ($93,000). Reasons for the Proposed Fee By Nigerian SEC This proposal is part of the SEC’s plan to make the rules clearer and include feedback …