blockchain-training-series

Nigeria’s SEC and Quidax Host Powerful Blockchain Training Series

Renowned asset exchange Quidax recently collaborated with Nigeria’s Securities and Exchange Commission to host a blockchain training series at Lagos’s prestigious Capital Club. The two-day event brought together key players within commercial banks, asset management firms and other financial sectors, underscoring how vital digital assets are, now more than ever. In Brief The blockchain training…

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crypto-ponzi-scheme-web3africa

Inside ISA 2024: How Nigeria Is Legalizing Crypto and Cracking Down on Ponzi Scheme Laws

In Brief Crypto Ponzi schemes are now explicitly illegal under ISA 2024, with operators facing up to ten years imprisonment and heavy fines. SEC Nigeria gains authority to regulate digital assets, freeze scam-linked accounts, and enforce KYC/AML standards on all VASPs. Mandatory registration, enhanced investor protections, and global compliance benchmarks lay the groundwork for a secure, innovative…

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