Story Highlights* Nigeria’s SEC has introduced strict new capital rules that could change who gets to run crypto exchanges in the country.
The ₦2 billion requirement has sparked concern among local builders who fear innovation may be priced out.
Industry voices warn the move could push crypto talent and startups beyond Nigeria’s borders.
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Nigeria SEC Crypto Rules Explained: Are Local Exchanges at Risk?
Story Highlights* Nigeria’s SEC has introduced strict new capital rules that could change who gets to run crypto exchanges in the country.