🇳🇬 Nigerian authorities have officially recognized #Bitcoin and other digital assets as securities. 📈

⊹ All crypto services and exchanges must obtain licenses from the Securities and Exchange Commission (SEC).

⊹ The SEC will have access to data from internet providers to monitor any violations.

⊹ The law aims to promote transparency and compliance with international standards (IOSCO).

- Lawsuit against #Binance - Taxation

#StablecoinPayments #AltcoinETFsPostponed