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Nigeria Proposes Rule Requiring Foreign Crypto Exchanges to Incorporate in the Country

Nigeria Proposes Rule Requiring Foreign Crypto Exchanges to Incorporate in the Country



The Nigerian Securities Regulator has proposed a rule requiring virtual asset service providers to be incorporated and maintain an office within Nigeria. The regulator has also suggested a fivefold increase in the registration fee, which must be submitted alongside license applications from prospective crypto exchanges. Proposed Regulations to Foreign Operators Targeting Nigerian Users According to […]



Source: https://news.bitcoin.com/nigeria-proposes-rule-requiring-foreign-crypto-exchanges-to-incorporate-in-the-country/

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