News list for "emomotimi"
Nigerian Securities and Exchange Commission (SEC) Director General Emomotimi Agama told publication Techcabal via text message that, contrary to some reports, it has yet to issue any cryptocurrency licenses. The SEC plans to start issuing licenses for digital services and tokenized assets in August 2024. The move follows increased scrutiny of cryptocurrency exchanges and a push to regulate the industry, which includes requiring exchanges to remove naira from peer-to-peer trading to prevent curre...
On August 20, the Director General of the Securities and Exchange Commission (SEC) of Nigeria, Emomotimi Agama, said that the regulator plans to issue the first licenses for digital services and tokenized assets this month. In an interview with Bloomberg TV, Agama said: "As a cryptocurrency enthusiast and fintech enthusiast, I can tell you without a doubt that this will happen sooner than you think. We must support the youth of this country so that they can benefit from fintech. The market size ...
The head of Nigeria's Securities and Exchange Commission (SEC), Emomotimi Agama, has predicted that the volume of cryptocurrency trading will increase in the coming years despite the country's recent crackdown on exchanges. "The cryptocurrency market in the country is estimated to be worth more than $400 million, and a significant portion of the population is involved in cryptocurrency trading," Agama said. According to Agama, at least 33.4% of the country's population owns or uses cryptocurrenc...
