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Nigerian SEC to Issue First Digital Services and Tokenized Asset Licenses đ€©
Emomotimi Agama, the Director General of the Nigerian Securities and Exchange Commission (#SEC ), stated that the regulatory body plans to issue its first licenses for digital services and tokenized assets this month.
In an interview with Bloomberg TV, Agama emphasized that, as an enthusiast of #cryptocurrency and fintech, he believes this process will advance more quickly than expected. He pointed out that it is crucial to support young people in benefiting from fintech, as the market is vast and continually growing.
It was previously reported that the Nigerian SEC had issued its first provisional operating #license to the African cryptocurrency exchange platform Quidax.
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#Binance
#crypto2024
Emomotimi Agama, the Director General of the Nigerian Securities and Exchange Commission (#SEC ), stated that the regulatory body plans to issue its first licenses for digital services and tokenized assets this month.
In an interview with Bloomberg TV, Agama emphasized that, as an enthusiast of #cryptocurrency and fintech, he believes this process will advance more quickly than expected. He pointed out that it is crucial to support young people in benefiting from fintech, as the market is vast and continually growing.
It was previously reported that the Nigerian SEC had issued its first provisional operating #license to the African cryptocurrency exchange platform Quidax.
If you enjoy my content, feel free to tip me â€ïž
#Binance
#crypto2024
We are thrilled to announce that we have obtained a Money Services #license in Iowa, marking our second compliant license in the United States. This achievement underlines #AlchemyPay 's global payment capabilities, and our dedication to compliance.
$ACH
https://cointelegraph.com/news/alchemy-money-services-license-iowa-expands-us-services
$ACH
https://cointelegraph.com/news/alchemy-money-services-license-iowa-expands-us-services
Hong Kong: The Next Crypto Hub? đđ°
Hong Kong's crypto sector anticipates substantial growth in the next four to five years, fueled by an influx of crypto talent and positive regulatory developments.
Hashkey Capital's Jupiter Zheng notes the rise of #Web3 projects contributing to real GDP and technological advancements despite subdued crypto prices.
He sees crypto and Web3 as potential drivers for Hong Kong's economy, offering a new trajectory amid recent economic challenges. Hashkey, having obtained a specific #license in August, foresees growing demand for crypto products as regulatory measures enhance investor safety.
Zheng envisions a development pattern in Web3 akin to South East Asia's GameFi sector, with a focus on well-regulated protocols and blockchain infrastructure.
Despite a recent crypto exchange scandal, Hong Kong remains committed to becoming Asia's crypto #hub , reinforcing regulations and addressing illicit activities to foster a more secure and regulated environment.
#Binance
#crypto2023
Hong Kong's crypto sector anticipates substantial growth in the next four to five years, fueled by an influx of crypto talent and positive regulatory developments.
Hashkey Capital's Jupiter Zheng notes the rise of #Web3 projects contributing to real GDP and technological advancements despite subdued crypto prices.
He sees crypto and Web3 as potential drivers for Hong Kong's economy, offering a new trajectory amid recent economic challenges. Hashkey, having obtained a specific #license in August, foresees growing demand for crypto products as regulatory measures enhance investor safety.
Zheng envisions a development pattern in Web3 akin to South East Asia's GameFi sector, with a focus on well-regulated protocols and blockchain infrastructure.
Despite a recent crypto exchange scandal, Hong Kong remains committed to becoming Asia's crypto #hub , reinforcing regulations and addressing illicit activities to foster a more secure and regulated environment.
#Binance
#crypto2023
