Enter at least 3 characters to start the search

Is Africa Finally Opening Up to Cryptocurrency?

9 December 2020 1 min

Nigeria’s SEC’s recent ruling on crypto should prove to be a game-changer for Africa.
News in September 2020 that Nigeria’s Securities and Exchange Commission had pushed through landmark rules to treat crypto assets as securities herald the start of a fascinating period for the fintech sector on the continent as a whole.
Token offerings, ICOs and security token issuances will all be treated as investment schemes, it said, while crypto and blockchain companies that want to operate in the country must register with the SEC.