Nigeria's SEC considers stricter controls for digital assets, including cryptocurrencies, amid the naira crisis.

Nigeria's Securities and Exchange Commission considers tighter controls for digital assets, including cryptocurrencies, amid the naira crisis. Researcher Iwa Salami explains that Nigeria needs consistent policy, not blaming cryptocurrency for the crisis. Cryptocurrency is a digital representation of value, transferable and stored electronically using distributed ledger technology, influencing blockchain developments since the 1989 eCash launch.