Crypto Crackdown Ends: Nigeria's New Policy Unlocks Web3 Innovationby@iremidepen

Crypto Crackdown Ends: Nigeria's New Policy Unlocks Web3 Innovation

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The Central Bank of Nigeria(CBN) issued a circular ending a two-year crackdown on cryptocurrency within the country’s banking sector. In 2023, [Binance] ranked Nigeria as the 7th country with the highest number of crypto holders in the world boasting a large trading database. In a groundbreaking move, Nigeria's Securities And Exchange Commission (SEC) is going to launch the Digital Securities Platform.

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Abisola Iremide

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