Nigeria’s SEC to issue first digital services and tokenized asset licenses this month

BlockBeats news, August 20, according to Bloomberg, Nigeria Securities and Exchange Commission (SEC) Director General Emomotimi Agama said that the regulator plans to issue the first batch of digital services and tokenized asset licenses this month.

Agama said in an interview with Bloomberg TV: "As a cryptocurrency enthusiast and fintech enthusiast, I can tell you without a doubt that this will happen faster than you think. We must support the young people of this country so that they can benefit from fintech. The market is huge and it is still growing."

BlockBeats reported yesterday that the Nigerian SEC issued the first temporary operating license to Quidax, an African cryptocurrency trading platform.