Nigeria to tighten crypto regulation in wake of Binance disput | Crypto | Bitcoin | Blockchain
Nigeria to tighten crypto regulation in wake of Binance disputes
The Nigerian Securities and Exchange Commission (SEC) has disclosed plans to introduce new regulations for crypto operators following recent challenges with Binance. The planned regulation would include licensing, registration, and screening guidelines for digital and virtual asset services providers (VASPs). In addition, the new guideline would ensure that malicious actors are not registered as operators within the Nigerian market.