Nigeria’s SEC Tightened Up Crypto Laws
Nigeria unveiled a new list of penalties for crypto fraud, including fines of up to $12,000 and 10-year prison sentences.
The move’s aimed at curtailing the scam culture that's been compromising an otherwise vibrant digital business scene.
Despite being ranked #2 globally in crypto use last year, Nigeria’s still battling shady Ponzi schemes and bad rep fallout.
Source:Mario Nawfal