TechFlow news, January 18 — According to TechCabal, the Nigerian Securities and Exchange Commission (SEC) has introduced new regulations. Under the updated framework, digital asset exchanges and digital asset custodians that operate trading venues and safeguard users' digital assets must maintain a minimum capital requirement of 2 billion Naira (approximately $1.4 million), up from the previous 500 million Naira. For other categories, digital asset offering platforms (DAOPs) and RWA tokenization platforms are required to have a minimum capital of 1 billion Naira, while digital asset intermediaries and related service providers must meet capital requirements ranging from 300 million to 500 million Naira. Regulated entities must comply with the new standards by June 30, 2027, or risk suspension or revocation of their licenses.
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