Nigeria’s Securities and Exchange Commission (SEC) has proposed an amendment to the rules guiding platforms offering crypto services, suggesting a hike in the registration fee for crypto exchanges from 30 million naira ($18,620) to 150 million naira ($93,000).
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 The SEC's proposal reflects the ongoing efforts to regulate digital assets and crypto services in Nigeria, as the country seeks to find a middle ground between an outright ban on crypto assets and their unregulated use