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cryptonews
2023-05-02 13:50:00

Nigeria's SEC May Permit Asset-Backed Tokens, Crypto Trading Remains Off-Limits

Nigeria's SEC May Permit Asset-Backed Tokens, Crypto Trading Remains Off-Limits

Despite banning crypto transactions in February 2021, Nigeria is now considering a new approach to digital asset trading by allowing asset-backed tokens. According to a recent report by Bloomberg, the Nigerian SEC has opened up the application process for digital exchanges to test tokenized asset offerings. This move is part of the country's efforts to boost market participation in the digital asset space. ... Read More: Nigeria's SEC May Permit Asset-Backed Tokens, Crypto Trading Remains Off-Limits

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