Category: regulator

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Nigeria’s SEC suspends planned crypto regulations amid central bank ban

February 12, 2021

Nigeria’s securities regulator has backed the central bank’s crypto ban by suspending its planned regulatory framework for digital assets. The Nigerian Securities and Exchange Commission has put its plans for regulating cryptocurrencies on hold following the recent ban by the central bank prohibiting financial institutions from servicing crypto exchanges. In an emailed statement quoted by…
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Cyprus SEC Embraces Blockchain Despite Unregulated Status of Crypto

February 21, 2020

Despite the unregulated status of crypto in Cyprus, the nation’s securities regulator is promoting and adopting blockchain. The Cyprus Securities and Exchange Commission (CySEC) recently published a report discussing the ongoing activities of its Innovation Hub — a cooperative entity that was launched in October 2018 as a platform for engagement between CySEC and entities…
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