The Securities and Exchange Commission (SEC) of Nigeria has proposed a significant increase in the minimum paid-up capital requirement for crypto exchange registration. The move is aimed at strengthening oversight and mitigating risks within the burgeoning cryptocurrency sector. The current requirement, set at ₦500 million ($314,000), is poised to undergo a substantial upward revision to ₦1 billion ($628,000), according to the SEC’s latest proposal. Moreover, this proposed adjustment seeks to raise standards for crypto exchange registration.
LIVE
Mkt Cap $2.29T
BTC Dom 56.75 %
BTC
$64,788.00
▼ -0.10%
ETH
$1,912.11
▼ -0.10%
USDT
$0.999337
▲ +0.00%
BNB
$589.62
▼ -0.90%
USDC
$0.999628
▲ +0.00%
XRP
$1.04
▼ -1.90%
SOL
$73.60
▼ -0.40%
TRX
$0.326742
▲ +0.00%
FIGR_HELOC
$1.04
▲ +1.50%
HYPE
$56.52
▲ +0.80%
DOGE
$0.069541
▼ -0.60%
USDS
$0.999911
▲ +0.00%
RAIN
$0.012735
▲ +1.40%
LEO
$9.76
▲ +0.00%
ZEC
$512.14
▲ +0.90%
ADA
$0.201592
▲ +6.40%
XMR
$368.74
▲ +1.50%
WBT
$56.04
▼ -0.20%
LINK
$8.21
▲ +0.40%
XLM
$0.161751
▼ -0.30%
DAI
$0.999911
▲ +0.00%
BCH
$215.54
▲ +0.30%
USD1
$0.999756
▲ +0.00%
USDE
$0.999628
▲ +0.00%
GRAM
$1.34
▼ -4.00%
Mkt Cap $2.29T
BTC Dom 56.75 %
BTC
$64,788.00
▼ -0.10%
ETH
$1,912.11
▼ -0.10%
USDT
$0.999337
▲ +0.00%
BNB
$589.62
▼ -0.90%
USDC
$0.999628
▲ +0.00%
XRP
$1.04
▼ -1.90%
SOL
$73.60
▼ -0.40%
TRX
$0.326742
▲ +0.00%
FIGR_HELOC
$1.04
▲ +1.50%
HYPE
$56.52
▲ +0.80%
DOGE
$0.069541
▼ -0.60%
USDS
$0.999911
▲ +0.00%
RAIN
$0.012735
▲ +1.40%
LEO
$9.76
▲ +0.00%
ZEC
$512.14
▲ +0.90%
ADA
$0.201592
▲ +6.40%
XMR
$368.74
▲ +1.50%
WBT
$56.04
▼ -0.20%
LINK
$8.21
▲ +0.40%
XLM
$0.161751
▼ -0.30%
DAI
$0.999911
▲ +0.00%
BCH
$215.54
▲ +0.30%
USD1
$0.999756
▲ +0.00%
USDE
$0.999628
▲ +0.00%
GRAM
$1.34
▼ -4.00%
BTC
$64,788.00
▼ -0.10%
ETH
$1,912.11
▼ -0.10%
USDT
$0.999337
▲ +0.00%
BNB
$589.62
▼ -0.90%
USDC
$0.999628
▲ +0.00%
XRP
$1.04
▼ -1.90%
SOL
$73.60
▼ -0.40%
TRX
$0.326742
▲ +0.00%
FIGR_HELOC
$1.04
▲ +1.50%
HYPE
$56.52
▲ +0.80%
DOGE
$0.069541
▼ -0.60%
USDS
$0.999911
▲ +0.00%
RAIN
$0.012735
▲ +1.40%
LEO
$9.76
▲ +0.00%
ZEC
$512.14
▲ +0.90%
ADA
$0.201592
▲ +6.40%
XMR
$368.74
▲ +1.50%
WBT
$56.04
▼ -0.20%
LINK
$8.21
▲ +0.40%
XLM
$0.161751
▼ -0.30%
DAI
$0.999911
▲ +0.00%
BCH
$215.54
▲ +0.30%
USD1
$0.999756
▲ +0.00%
USDE
$0.999628
▲ +0.00%
GRAM
$1.34
▼ -4.00%
Mkt Cap $2.29T
BTC Dom 56.75 %
BTC
$64,788.00
▼ -0.10%
ETH
$1,912.11
▼ -0.10%
USDT
$0.999337
▲ +0.00%
BNB
$589.62
▼ -0.90%
USDC
$0.999628
▲ +0.00%
XRP
$1.04
▼ -1.90%
SOL
$73.60
▼ -0.40%
TRX
$0.326742
▲ +0.00%
FIGR_HELOC
$1.04
▲ +1.50%
HYPE
$56.52
▲ +0.80%
DOGE
$0.069541
▼ -0.60%
USDS
$0.999911
▲ +0.00%
RAIN
$0.012735
▲ +1.40%
LEO
$9.76
▲ +0.00%
ZEC
$512.14
▲ +0.90%
ADA
$0.201592
▲ +6.40%
XMR
$368.74
▲ +1.50%
WBT
$56.04
▼ -0.20%
LINK
$8.21
▲ +0.40%
XLM
$0.161751
▼ -0.30%
DAI
$0.999911
▲ +0.00%
BCH
$215.54
▲ +0.30%
USD1
$0.999756
▲ +0.00%
USDE
$0.999628
▲ +0.00%
GRAM
$1.34
▼ -4.00%
