Nigeria to regulate crypto, the country's SEC issues statement - The Block
Nigeria's Securities and Exchange Commission (SEC) has issued an official statement, saying that it would supervise the country's cryptocurrency sector.
The statement, issued Monday, says that crypto provides alternative investment opportunities for the public and should be regulated to ensure investor protection and market integrity. "The general objective of regulation is not to hinder technology or stifle innovation, but to create standards that encourage ethical practices that ultimately make for a fair and efficient market," said the SEC.
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