Crypto exchanges to meet Nigerian SEC chief for regulatory talks

The meeting is anticipated to ignite positive changes that benefit all crypto stakeholders in Nigeria and on the international scene.

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The Blockchain Industry Coordinating Committee of Nigeria (BICCoN) is convening a roundtable on May 6 between the new Director General of the Securities Exchange Commission (SEC) and local and international crypto exchanges in Nigeria to discuss and seek consensus on the country’s crypto status.

The BICCoN chair, Lucky Uwakwe, explained on a call with Cointelegraph that the meeting is open to all digital assets exchange operators, wallet providers, other virtual asset service providers (VASPs), and relevant industry associations and bodies to address pertinent issues and chart a progressive course for crypto regulations in Nigeria.

Uwakwe explained that the virtual meeting is being convened at the invitation of Dr. Emomotimi Agama, the new DG of SEC Nigeria. Agama aims to engage with key stakeholders in the blockchain and cryptocurrency ecosystem to address regulatory challenges and opportunities through collaborative dialogue. 

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