IMF recommends Nigeria license global cryptocurrency exchanges
The International Monetary Fund (IMF) has suggested that Nigeria issue licenses to global cryptocurrency exchanges as part of its economic reform measures. The effort to incorporate cryptocurrency into its financial system is aimed at ensuring Nigeria's position in the African cryptocurrency market. The report recommends that "global cryptocurrency trading platforms should be registered or licensed in Nigeria and comply with the same regulatory requirements applicable to financial intermediaries."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A whale once again increased its holdings by 75.8 BTC, equivalent to about 6.94 million US dollars
100 Bitcoins were transferred out of MtGox-related wallet addresses, worth about $9.1 million
TON falls below $5.5
Trending news
MoreCrypto prices
More
