Nigeria's SEC suspends planned crypto regulations amid central bank ban

Cointelegraph

Published Feb 12, 2021 05:01AM ET

Updated Feb 13, 2021 06:40AM ET

The Nigerian Securities and Exchange Commission has put its plans for regulating cryptocurrencies on hold following the recent ban by the central bank prohibiting financial institutions from servicing crypto exchanges.

In an emailed statement quoted by the Daily Post on Friday, the SEC stated:

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