The Securities and Exchange Commission says the regulation of cryptocurrencies and other digital assets are under its full control and regulation.
Agama quoted a survey which said that 33.4 per cent of Nigerians were using or owned cryptocurrencies.”Some people don’t have bank accounts but they have crypto wallet. Izunaso said the absence of effective regulation on cryptocurrencies had exposed so many investors to fraud.The Director-General of the Debt Management Office, Ms Patience Oniha, called for awareness creation to educate investors to make informed decisions.
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