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Nigeria Issues Crypto Regulatory Guidelines: Here’s Why It Matters

From forbes.com

Nigeria's Securities Exchange Commission, on Sept. 15, 2020, issued regulatory guidelines for crypto assets. The guidelines also seek to regulate businesses that deal with crypto assets. This is the first time that the West African country's investment regulator is taking a public stance on cryptocurrencies. It had previously only warned investors about the risks associated with unregulated investment vehicles such as bitcoin. A spokesperson of SEC Nigeria, on a phone call, said that the document, which is published on the commission's website, is only a clarification on how the investment regulator views and intends ... (full story)

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