Nigeria’s Finance Minister Urges SEC to Tackle Challenges in Regulating Cryptocurrency

The Nigerian Finance Minister, Wale Edun, has urged the newly inaugurated board of the country’s Securities and Exchange Commission (SEC) to address the complexities of regulating cryptocurrencies. He emphasized the need for stringent oversight to maintain market integrity in the capital market. Edun also highlighted the importance of staying informed and adaptable, especially in fast-evolving areas like artificial intelligence, digital currency, and overall digital transitions. The SEC board, led by Chairman Mairiga Katuka, expressed optimism about Nigeria’s economic outlook and pledged to drive growth with diligence and integrity.