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Nigerian regulator pledges to crack down on cryptocurrency fraud

Nigerian regulator pledges to crack down on cryptocurrency fraud

CointimeCointime2024/10/10 07:55
By:Cointime

Nigerian Securities and Exchange Commission (SEC) has vowed to crack down on fraud, money laundering, and market manipulation in the cryptocurrency industry. SEC Director-General Emomotimi Agama emphasized the importance of educating investors. Lagos State Governor Babajide Sanwo-Olu expressed support for regulating the cryptocurrency industry.

The Nigerian securities regulator has pledged to crack down on fraud, money laundering, and market manipulation in the cryptocurrency industry. SEC Director-General Emomotimi Agama also promised to strictly enforce regulations against illegal cryptocurrency platforms.

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