🚨‼️ BREAKING NEWS ALERT 🚨‼️

Nigeria’s Government Takes Bold Steps in Crypto Regulation

Nigeria has made a groundbreaking move in its approach to cryptocurrency by issuing its first-ever licenses to local crypto exchanges. This marks a significant development in the country’s evolving regulatory framework for digital assets.

Busha Digital Limited and Quidax Technologies Limited are the inaugural recipients of these licenses under Nigeria’s Accelerated Regulatory Incubation Program (ARIP).

Despite past tensions between the government and the crypto community, this step signals Nigeria’s recognition of the growing importance of digital currencies. It’s a clear indication that the country is aligning with the global trend of embracing and regulating the crypto space.

Notably, Nigeria ranks second globally in crypto adoption per population, highlighting the nation’s increasing involvement in the digital currency world.

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