NIGERIA GOVERNMENT STRIKE ON CRYPTO AGAIN.
The Nigerian SEC has issued its first licenses to local crypto exchanges, marking a significant shift in the country's regulatory landscape.
- Busha Digital Limited and Quidax Technologies Limited are the first to receive the green light under Nigeria's Accelerated Regulatory Incubation Program (ARIP).
Despite past tensions, Nigeria's move to license exchanges reflects the country's growing crypto adoption, currently ranked second globally in adoption per population.