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Nigeria Proposes New CFD Rules; SVG Pauses Crypto Applications

Nigeria Proposes New CFD Rules; SVG Pauses Crypto Applications

Regulatory changes, business expansion and product
diversification shaped a busy week across retail trading and fintech.
Regulators in Nigeria and Saint Vincent and the Grenadines introduced measures
affecting leveraged products and virtual asset businesses, while Deriv secured
a banking licence in SVG.

Elsewhere, brokers and prop firms continued adapting to
changing trader demand. AI automation, futures trading and broader product
offerings featured prominently, while prediction markets faced questions over
retail participation and profit concentration. XTB’s founder also reduced his
stake again, while Revolut moved closer to establishing a US banking operation.

Nigeria’s Securities and Exchange Commission has proposed
its first…

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