Nigeria Proposes Rule Requiring Foreign Crypto Exchanges to Incorporate in the Country

Nigeria Proposes Rule Requiring Foreign Crypto Exchanges to Incorporate in the Country



The Nigerian Securities Regulator has proposed a rule requiring virtual asset service providers to be incorporated and maintain an office within Nigeria. The regulator has also suggested a fivefold increase in the registration fee, which must be submitted alongside license applications from prospective crypto exchanges. Proposed Regulations to Foreign Operators Targeting Nigerian Users According to […]



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Pin It on Pinterest