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Asset-Backed Tokens Will Be Allowed by Nigeria's SEC, But Not Crypto - Vimarsana News

Asset-Backed Tokens Will Be Allowed by Nigeria's SEC, But Not Crypto

In an effort to increase market participation in the most populous nation in Africa, where the central bank forbids cryptocurrency trading, Nigeria's

Nigeria ignores crypto in major digital asset regulatory decision – Cryptopolitan - Vimarsana News

Nigeria ignores crypto in major digital asset regulatory decision – Cryptopolitan

In a major regulatory decision, Nigeria’s Securities and Exchange Commission (SEC) is moving forward with trial applications for digital exchanges, with a focus on tokenized offerings backed by assets, rather than cryptocurrencies, according to a story by media outlet Bloomberg. This decision aims to attract the nation’s tech-savvy populace to local assets, such as equities, …<p class="read-more"> <a class="" href="https://www.cryptopolitan.com/nigeria-ignore-crypto-in-regulatory-decision/"> <span class="screen-reader-text">N...