Nigeria: Securities and Exchange Commission adopted Rules on Issuance, Offering Platforms and Custody of Digital Assets including registration requirements

Description

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 (…

Scope

Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body

Complete timeline of this policy change

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2022-05-11
adopted

On 11 May 2022, the Securities and Exchange Commission (SEC) adopted Rules on Issuance, Offering Pl…