Crypto Trading

Nigeria’s SEC Authorises Quidax, Busha as Legal Crypto Exchanges

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Nigeria’s Securities and Exchange Commission (SEC) has granted approval in principle to two cryptocurrency exchanges, Quidax and Busha, officially recognizing them as legal crypto trading platforms in the country. EKO HOT BLOG reports that these approvals were issued under the Commission’s Accelerated Regulatory Incubation Program (ARIP). Additionally, the SEC has admitted four other companies—Trovotech Ltd, … Read more

REVEALED: Why OPay, Moniepoint Others Are Facing Regulatory Issues From FG

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Facing Regulatory Issues From FG

President of the Africa Fintech Network (AFN), links regulatory issues for Nigerian fintechs to their dynamic business models. Recent CBN directive halting customer onboarding by fintechs like OPay and Kuda Bank is due to suspicions of crypto trading exploitation. Aina emphasizes the need for innovation-friendly policies and improved corporate governance for sustainable fintech growth in … Read more

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