Nigeria has introduced a law that would force foreign crypto exchanges to be incorporated in the country.

Nigeria has introduced a law that would force foreign crypto exchanges to be incorporated in the country.



Nigeria's securities regulator has proposed legislation that would require virtual asset service providers to be incorporated and have offices in Nigeria. The regulator has proposed a five-fold increase in the registration fee, which must be submitted with license applications of prospective crypto exchanges. Guidelines for foreign operators on Nigerian users […]

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