Regulatory · Crypto / Digital Assets · 2024

SEC Nigeria announces increased crypto enforcement and regulatory frameworks

Securities and Exchange Commission (SEC) Nigeria issued regulatory framework and enforcement policy on October 7, 2024.

Primary
Securities and Exchange Commission (SEC) Nigeria
Structure
regulatory framework and enforcement policy
Date
October 7, 2024
Sub-sector
Crypto / Digital Assets

SEC commits to increased enforcement against illegal crypto platforms and ponzi schemes while implementing regulatory incubation programs to balance innovation with investor protection.

Counterparty
Not disclosed
Amount
Not disclosed
Event date
October 7, 2024
HQ
Not disclosed
Structure
regulatory framework and enforcement policy
Source published
October 8, 2024
Publisher
TheCable

Source: thecable.ng