Tag: sec

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SiBAN Commends SEC’s New Regulatory Initiatives: Paving the Way for Trust, Innovation, and Growth in Nigeria’s Digital Asset Sector

The Stakeholders in Blockchain Technology Association of Nigeria (SiBAN) commends the Securities and Exchange Commission (SEC) of Nigeria for its recent granting of “Approval-in-Principle” to two digital asset exchanges under the Accelerated Regulatory Incubation Program (ARIP) and the admission of five firms into the Regulatory Incubation (RI) Program. This progressive move will help Nigeria position

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Press release issued by Blockchain Industry Coordinating Committee of Nigeria (BICCoN)

On Friday, 5th February 2021, the crypto industry in Nigeria got wind of a circular by the Central Bank of Nigeria (CBN). The news reached local international media mainstream and members of the general public. The circular was directed to all deposit money banks (DMBs), non-bank financial institutions (NBFIs), and other financial institutions in Nigeria.