Weekly DigestNovember 8, 20260

Nigeria’s crypto firms face $744,000 capital rule as CBN, SEC divide oversight

The framework draws a clearer regulatory boundary for crypto businesses that combine trading with payments, requiring companies operating across both markets to secure authorisation from each regulator. It also raises compliance costs, prohibiting firms from counting the same capital toward their CB

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Nigeria’s crypto firms face $744,000 capital rule as CBN, SEC divide oversight

Source: TechCabal  ·  Nigeria

The framework draws a clearer regulatory boundary for crypto businesses that combine trading with payments, requiring companies operating across both markets to secure authorisation from each regulator. It also raises compliance costs, prohibiting firms from counting the same capital toward their CB…

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Part of the Africa Dev Week of November 08, 2026 weekly digest.

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