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Nigeria’s Securities Regulator Wants to Hike Crypto Firm Registration Fees by 400%

March 18, 2024
in Crypto Updates
Reading Time: 1 min read
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The proposed amendments to the foundations for crypto issuers, exchanges and custody platforms embody will increase to all supervision charges. As a substitute of a 100,000 naira ($64) software charge and a 30 million naira registration charge, the Securities and Alternate Fee (SEC) now desires 300,000 naira with each software and hopes to cost crypto companies a 150 million registration charge.

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Tags: CryptoFeesFirmHikeNigeriasRegistrationregulatorsecurities
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