Nigeria’s Securities and Exchange Commission has proposed to raise the registration fees for virtual asset service providers (VASP) seeking an operational license. This development is accompanied by other changes in the regulations governing the key aspects of the crypto industry in the West African country. VASP Registration Fees In Nigeria To Rise By 400% On […]
The Central Bank of Nigeria (CBN) has now canceled its restrictions on banks and other financial institutions in operating accounts for virtual asset service providers (VASPs). This marks an exciting development as the Apex Bank looks to chart a new course for crypto regulations in a nation that has over 200 million people. CBN Introduces […]