The Securities and Exchange Commission has called for the delisting of the naira from peer-to-peer platforms to mitigate potential manipulation risks.
Agama stated that the SEC Nigeria will not hesitate to utilise all the powers within its mandate to handle issues that are negative and pose a threat to national interest saying that the Commission has come as a partner to seek collaboration in making sure that the capital market community is one that is respected globally for decency and fair play.
The DG stated that the proposed regulatory guidelines which is currently being fine-tuned with suggestions by various stakeholders, will encompass various activities within the cryptocurrency ecosystem ranging from Wallet providers, digital asset custodians and fund managers, Cryptocurrency Crowdfunding, Initial Coin Offerings , Security Token Offerings , Initial Exchange Offerings , Cryptocurrency Exchange platform providers, Virtual Asset brokerage services etc.
“With our deep understanding of this industry and the cryptocurrency sub sector, we recognize the importance of collaboration and cooperation in addressing the challenges we face; hence your insights and suggestions are invaluable as we seek to navigate these complexities together. We need your support as much as you need ours.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Source: TheNationNews - 🏆 6. / 69 Read more »
Naira Abuse: Cubana Chief Priest Explores Out-Of-Court Settlement With EFCCThe Latest News from Nigeria and Around the World
Source: channelstv - 🏆 7. / 63 Read more »
Source: PremiumTimesng - 🏆 3. / 78 Read more »