The Securities and Exchange Commission of Nigeria says it is working with the central bank to create a legal framework for cryptos and digital assets.
Lamido Yuguda, the director-general of Nigeria’s Securities and Exchange Commission has said the central bank’s crypto ban has caused significant disruptions to the market.According to a report by The Guardian, the SEC director-general made this assertion known during a press conference organized after the meeting of the Capital Market Committee on Thursday.As previously reported by Cointelegraph, the Central Bank of Nigeria barred commercial banks from servicing crypto exchanges back in February.According to Yuguda, the Commission has been forced to pause its planned cryptocurrency regulatory framework announced in September 2020.The SEC director-general also maintained that the suspension of the Commission’s crypto regulatory plans will remain in place until exchanges
Źródło: https://cointelegraph.com/news/nigeria-s-sec-says-central-bank-s-crypto-ban-disrupted-the-market
