PANews reported on July 10 that according to Bitcoin.com, Nigerian Finance Minister Wale Edun urged the newly established board of directors of the country's Securities and Exchange Commission (SEC) to address the complex challenges of regulating cryptocurrencies. He stressed that strict supervision is needed to maintain the integrity of the capital market. Edun also emphasized the importance of staying informed and adaptable, especially in rapidly developing fields such as artificial intelligence, digital currencies, and overall digital transformation. In addition, the Nigerian SEC board of directors also expressed optimism about the country's economic prospects.