Central Bank of Nigeria set to work on crypto regulation framework with the SEC, governor confirms
The Central Bank of Nigeria (CBN) has announced plans to work with the Nigeria Securities and Exchange Commission (SEC) to develop the right regulatory framework for digital assets in the country. This development was revealed by Olayemi Cardoso, the Governor of the CBN, who spoke at a lecture series in Lagos.
According to Cardoso, the CBN is expected to partner with the SEC to develop the crypto regulatory framework as they aim to create a sustainable framework for digital assets in the country. At the annual lecture series at the Lagos Business School, Cardoso noted that the future currency policy of the country is expected to be impacted by digital assets, fintech, and blockchain. However, he added that the extent of their…
