Dr. Emomotimi Agama, the new head of Nigeria’s Securities and Exchange Commission (SEC), plans to chat with local and global crypto platforms soon. The goal? To clear up confusion about crypto rules in Nigeria.
The meeting, set up by a Nigerian blockchain group, aims to sort out issues and find common ground on crypto regulations.
Lucky Uwakwe, who leads the group, says everyone involved in crypto—like exchange operators and wallet providers—is welcome. The idea is to have a chat and figure out how to make crypto rules work for everyone.
Nigeria has been up and down on crypto rules lately. They lifted a ban on crypto last December but then took some steps against it in February. The Central Bank even tried to block some crypto websites.
Now, the SEC is thinking of changing registration fees for crypto exchanges, which could impact how they operate.
But with this meeting, they’re hoping to find a way forward that works for everyone involved in crypto.