Nigeria regulators recognize digital assets in stunning new statement By Cointelegraph

Nigeria regulators recognize digital assets in stunning new statement By


Nigeria regulators recognize digital assets in stunning new statement

The Securities and Exchange Commission of Nigeria has officially defined digital assets under its regulatory umbrella.

In a Sept. 14 statement, the Nigerian Securities and Exchange Commission, or SEC, defined tokens and coins in the country’s financial markets. The commission stated that these digital assets, which provide “alternative investment opportunities”, would be classified into four different categories for regulatory oversight.

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