'The commission is in the business of protecting investors, not in the business of speculation,' Lamido Yuguda reportedly said. lamidoyuguda investorprotection digitalassets
According to Lamido Yuguda, the director general of the Nigerian Securities and Exchange Commission, the regulator does not plan on including cryptocurrencies in its digital asset agenda. Yuguda reportedly said the commission will only change its stance on cryptos when Nigerian regulators agree on the standards to protect digital asset investors.
“Any asset that is traded in the Nigerian capital market requires the joint approach of different regulators,” the director-general reportedly said.Tags in this story
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