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YOU WON’T BELIEVE THE SHOCKING NEWS: Nigeria Finally Enters 21st Century With First-Ever Crypto License!

A stylised illustration featuring Nigeria's map with a rocket ship blasting off into the 21st century, surrounded by coins and cryptocurrencies floating in mid-air. In the background, traditional African masks are being replaced by futuristic digital screens.

Just when you thought Nigeria’s economy was still stuck in the stone age, along comes crypto to give it a nice veneer of modernity! Congratulations are in order as Quidax becomes the first Nigerian exchange to receive its provisional operating license from the Securities and Exchange Commission. And what better way to celebrate than with some fancy regulatory jargon? .

Source: cointelegraph

The Nigerian Securities and Exchange Commission has issued Quidax, an Africa-based crypto exchange, its first provisional operating license.  The development signals the beginning of formal recognition and regulatory oversight for the country’s digital asset industry. According to a press release shared with Cointelegraph, the SEC’s license permits Quidax to operate as a registered crypto exchange in Nigeria. Quidax said the SEC’s approval is a “shot of adrenaline” for the Nigerian […]

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