Nigeria’s blockchain stakeholders have expressed hope and confidence in the newly appointed Director-General of the Securities and Exchange Commission . The new SEC Chair’s pro-crypto background is seen as an added advantage for the local crypto industry.Emomotimi Agama, the former managing director of the Nigerian Capital Market Institute , as the new chair of the SEC.
In interviews with Cointelegraph, local crypto stakeholders shared their opinions about the new appointment. Luz said that the community is looking forward to the new chair working together with startups to streamline their licensing process for operating crypto platforms in Nigeria.this year, Luz believes assisting numerous crypto startups in obtaining these licenses will ensure compliance and operational stability for exchanges in the country.
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