Nigeria: Securities and Exchange Commission Rules on Issuance, Offering Platforms and Custody of Digital Assets
Progress
Current status
adopted
11 May 2022 adopted
Scope
Implementers
Nigeria
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Securities and Exchange Commission adopted Rules on Issuance, Offering Platforms and Custody of Digital Assets including registration requirements
On 11 May 2022, the Securities and Exchange Commission (SEC) adopted Rules on Issuance, Offering Platforms and Custody of Digital Assets, establishing registration requirements for digital asset entities, including Digital Asset Offering Platforms (…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
other regulatory body