Nigeria Confirms Readiness For Stablecoin Operations – Details

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The Nigerian Securities and Exchange Commission (SEC) has announced the nation’s willingness to embrace stablecoin businesses within its borders. This event marks a crucial development in Nigeria’s crypto regulation after the West African giant began to change its hostile approach against the virtual asset industry in 2023. We Will Deal With Stablecoins But On Our Terms: SEC DG According to local media Punch Newspapers , Emomotimi Agama, the Nigerian SEC Director-General (DG), expressed the comm...