Nigerian Securities Regulator: Crypto Exchanges Complying With Naira Delisting Directive
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The Nigerian Securities Regulator has stated that cryptocurrency exchanges have complied with a directive to remove the local currency from peer-to-peer platforms. The acting director-general of the Nigerian Securities and Exchange Commission has called on platforms engaged in practices that undermine the national interest to cease such activities. Kucoin’s Delisting of Naira Receives Praise The […]
The Nigerian securities regulator has announced new rules that govern the issuing of digital assets. The new rules also include registration requirements for platforms that offer digital assets.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author:…
Nigeria looks to block Binance’s peer-to-peer (P2P) exchange because criminal transactions on the platform have allegedly hurt the naira. The move comes after the central bank introduced a new official exchange rate to encourage foreign investment. Nigeria is considering blocking Binance and other crypto exchanges for alleged foreign exchange market…