News Formal

SEC DG: Regulatory uncertainty, fraud threaten Nigeria’s $400m crypto market

  • 📰 thecableng
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 80%

इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

Emomotimi Agama, director-general of the Security and Exchange Commission (SEC), says Nigeria’s cryptocurrency market is worth over $400 million.

Emomotimi Agama, director-general of the Securities and Exchange Commission , says Nigeria’s cryptocurrency market is worth over $400 million.

The SEC DG said there is a significant portion of the population involved in cryptocurrency trading and transactions.He said the volume of the cryptocurrency market in Nigeria would hit $52.5 million in 2028, indicating a 12.66 percent increase between 2024 and 2028. “Crypto-currencies can significantly reduce remittance costs, with Bitcoin transactions cutting fees by up to 50 percent. Nigeria is one of the largest recipients of remittances in Africa,” the SEC boss said.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 2. in İN
 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Nigeria’s cryptocurrency market worth over $400m — SEC DGThe Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama, disclosed yesterday that Nigeria’s cryptocurrency market is estimated to be “worth over $400 million”.
स्रोत: vanguardngrnews - 🏆 5. / 75 और पढो »