Digital Currency & Fiat

What You Should Know About the Security and Exchange Commission’s (Sec) New Regulations on Digital Assets

A Securities Token Offering means any offering and sale of digital tokens that are considered securities. This should be differentiated from an Initial Coin Offering, which means a distributed ledger technology capital-raising, involving the issuance of tokens to the general public in return for cash, cryptocurrencies or other assets.

Understanding the Role of a Virtual Asset Service Provider in Nigeria

Nigeria recorded an impressive adoption of digital currency before the ban on banks and other financial institutions, due to the threat trading and the use of cryptocurrency posed at that time. This was based on the fact that it was an uncharted arena in Nigeria, with no regulation safeguarding the citizens and residents from the issues or challenges facing the adoption and use of digital assets/ currency.