‘Anti-Innovation’: Consultants Slam Nigeria’s ‘Disproportionate’ Capital Necessities for Crypto Corporations

The Nigerian SEC has sharply raised minimal capital necessities for digital asset companies, with providing platforms now needing about $704,000 and exchanges and custodians $1.4 million. Consultants describe new capital necessities as “anti-innovation,” and warn that they might drive expertise overseas. Vital Hikes in Capital Calls for The Nigerian Securities and Change Fee’s (SEC) revised minimal […]



Source link