Home Bitcoin‘Anti-Innovation’: Experts Slam Nigeria’s ‘Disproportionate’ Capital Requirements for Crypto Firms
Bitcoin

‘Anti-Innovation’: Experts Slam Nigeria’s ‘Disproportionate’ Capital Requirements for Crypto Firms

by Simon Crypto Team
written by Simon Crypto Team 0 comments 53 views
0 FacebookTwitterPinterestEmail


The Nigerian SEC has sharply raised minimum capital requirements for digital asset firms, with offering platforms now needing about $704,000 and exchanges and custodians $1.4 million. Experts describe new capital requirements as “anti-innovation,” and warn that they could drive talent abroad. Significant Hikes in Capital Demands The Nigerian Securities and Exchange Commission’s (SEC) revised minimum […]

Tags: AntiInnovationCapitalcryptoDisproportionateExpertsFirmsNigeriasRequirementsSlam
0 FacebookTwitterPinterestEmail

Follow Me

facebook
twitter
instagram
youtube

Industry Talk

Apple, Meta Reject OKXICE Tokenized Stocks as 90% Opt Out Apple, Meta Reject OKXICE Tokenized Stocks as 90% Opt Out
Ethereum Delays Glamsterdam Testnet Fork Over Smart Contract Risks Ethereum Delays Glamsterdam Testnet Fork Over Smart Contract Risks
Bitcoin Falls Below $76,000 as Crypto Liquidations Top $1.2 Billion Bitcoin Falls Below $76,000 as Crypto Liquidations Top $1.2 Billion
NEAR Governance Backs 36% Cut to Token Issuance NEAR Governance Backs 36% Cut to Token Issuance
Nasdaq Firm Weighs $450M Bitcoin Sale Over Security Fears Nasdaq Firm Weighs $450M Bitcoin Sale Over Security Fears
Binance Hit by Record $6.3B Crypto Hack as Partners Freeze About $3B Binance Hit by Record $6.3B Crypto Hack as Partners Freeze About $3B
bitcoinBitcoin
$ 72,423.00
$ 72,423.00
1.95%
ethereumEthereum
$ 2,000.35
$ 2,000.35
2.56%
tetherTether
$ 0.999139
$ 0.999139
0.01%
xrpXRP
$ 1.03
$ 1.03
2.87%
bnbBNB
$ 654.49
$ 654.49
3.88%
usd-coinUSDC
$ 0.999499
$ 0.999499
0.01%

Related Posts

Apple, Meta Reject OKXICE Tokenized Stocks as 90% Opt Out Apple, Meta Reject OKXICE Tokenized Stocks as 90% Opt Out

Ethereum Delays Glamsterdam Testnet Fork Over Smart Contract Risks Ethereum Delays Glamsterdam Testnet Fork Over Smart Contract Risks

Bitcoin Falls Below $76,000 as Crypto Liquidations Top $1.2 Billion Bitcoin Falls Below $76,000 as Crypto Liquidations Top $1.2 Billion

NEAR Governance Backs 36% Cut to Token Issuance NEAR Governance Backs 36% Cut to Token Issuance

Nasdaq Firm Weighs $450M Bitcoin Sale Over Security Fears Nasdaq Firm Weighs $450M Bitcoin Sale Over Security Fears

Binance Hit by Record $6.3B Crypto Hack as Partners Freeze About $3B Binance Hit by Record $6.3B Crypto Hack as Partners Freeze About $3B

Janus Henderson Unveils Blockchain-Native Nasdaq-100 Fund JQQQ Janus Henderson Unveils Blockchain-Native Nasdaq-100 Fund JQQQ

Ripple Launches 24/7 AI-Powered Treasury Platform Ripple Launches 24/7 AI-Powered Treasury Platform

Dogecoin Labs Launches to Expand DOGE Payments and Apps Dogecoin Labs Launches to Expand DOGE Payments and Apps

ZachXBT Links $20 Million in Illicit Funds to Monero Swap Service ZachXBT Links $20 Million in Illicit Funds to Monero Swap Service

Crypto Hacks Cost $1.18 Billion in Q3, Hacken Says Crypto Hacks Cost $1.18 Billion in Q3, Hacken Says

Russia Moves to Ban Direct P2P Crypto Trading in 2027 Russia Moves to Ban Direct P2P Crypto Trading in 2027

Leave a Comment

Save my name, email, and website in this browser for the next time I comment.

bitcoin
Bitcoin (BTC) $ 72,423.00
ethereum
Ethereum (ETH) $ 2,000.35
tether
Tether (USDT) $ 0.999139
xrp
XRP (XRP) $ 1.03
bnb
BNB (BNB) $ 654.49
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
usd-coin
USDC (USDC) $ 0.999499